Pakistan and Azerbaijan to Increase Bilateral Investment Level to upto $2 Billion – Startup Pakistan

Pakistan and Azerbaijan have agreed to increase their bilateral investments to up to $2 billion, focusing on areas that will benefit both countries.

In a joint press conference, Prime Minister Shehbaz Sharif and Azerbaijan’s President Ilham Aliyev shared their discussions about starting investments in various projects. This decision marks a significant step towards strengthening economic ties between the two nations.

During their meeting, both leaders witnessed the signing of several agreements and Memorandums of Understanding (MoUs) in different sectors. These agreements aim to promote cooperation in fields such as energy, technology, agriculture, and infrastructure.

Prime Minister Shehbaz Sharif announced that he plans to finalize these agreements during his visit to Azerbaijan in November 2024. He emphasized the potential for even greater collaboration and cooperation between the two countries in the future.

The discussions between the two leaders highlighted the importance of boosting bilateral trade and strengthening the already strong friendship between Pakistan and Azerbaijan. By working together on these investments and projects, both nations hope to achieve mutual economic growth and prosperity.