Pakistan to present investment portfolio worth $2-3 bn to Azerbaijan

17:47 - 4.07.2024


July 4, Fineko/abc.az. Pakistan has developed an investment portfolio of $2-3 bn to present to Azerbaijan, ABC.AZ reports, referring to the Pakistani media.

“Pakistan attaches great importance to its relationship with Azerbaijan. We must continue to advance our cooperation in various sectors including tourism, transport, energy security, and defence, though this requires additional efforts,” Federal Minister for Commerce Jam Kamal Khan said at a meeting with an Islamabad-based delegation led by Deputy FM Samir Sharifov.

He also emphasized the need for an early conclusion of Preferential Trade Agreement (PTA) and Bilateral Transit Trade Agreement (BTTA).

Deputy Minister Sharifov conveyed Azerbaijan’s readiness for closer cooperation with Pakistan across all fields of mutual interest.

Minister Jam also proposed to hold B2B meetings which may either take place in Pakistan or in Azerbaijan. Both sides agreed on the necessity of a long-term and practical mechanism to enhance monitor bilateral trade and cooperation to suggest ways forward to achieve the desired aim.