Prime Minister Shehbaz Sharif and President of Azerbaijan Ilham Aliyev on Monday decided to enhance the scope of bilateral investment by up to two billion dollars in areas of mutually beneficial projects.
Both leaders reaffirmed their commitment to boost trade turnover and increase cooperation across various sectors including defence, transportation, and connectivity, the state-run APP reported.
The announcement came as the premier met with Azerbaijan’s President Ilham Aliyev in Baku, where he had arrived yesterday along with a high-level delegation on a two-day official visit.
During the bilateral meeting earlier today, Azeri President Ilham Aliyev expressed his willingness to visit Islamabad in April 2025 to formalize agreements for $2 billion worth of investment projects in Pakistan, the APP said in a report.
Following the meeting and documents exchange ceremony, a joint press stakeout was held where the two leaders emphasized the importance of unlocking the full potential of bilateral trade and investment in a range of mutually beneficial areas.