Pakistan, Azerbaijan agree to take economic relations to new heights

Pakistan and Azerbaijan have agreed to take economic relations to new heights, enhancing the bilateral investment level of up to 2 billion U.S. dollars in areas of mutually beneficial projects.

In a joint press stakeout along with Azerbaijani President Ilham Aliyev, Pakistani Prime Minister Shehbaz Sharif said on Thursday that both countries are ready to ink agreements worth 2 billion U.S. dollars to start with as there is great potential to multiply this figure in years to come.

The Azerbaijani president said that for an initial investment of 2 billion U.S. dollars, several projects in the areas of energy, connectivity, infrastructure, and defense industry were reviewed, adding that Pakistan and Azerbaijan will build strong partnership not only on a political level but also on economic and trade investment levels. 

Reference Link:- https://english.news.cn/20240712/d3135db0c32b461287915c4850ff61ae/c.html

Prof. Engr. Zamir Ahmed Awan Founder & Chair, Global Silk Route Research Alliance

Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…

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