Pakistan, Azerbaijan sign $2 billion investment deal

Pakistan and Azerbaijan have entered into a $2 billion investment agreement covering various sectors of Pakistan’s economy.

The deal was signed in Khankendi, Azerbaijan, by Pakistan’s Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar and Azerbaijan’s Minister for Economy Mikayil Jabbarov, following a cordial bilateral meeting between Prime Minister Shehbaz Sharif and Azerbaijani President Ilham Aliyev.

Both leaders, Prime Minister Shehbaz and President Aliyev, attended the signing ceremony. A more detailed and final version of the agreement is expected to be signed during President Aliyev’s upcoming visit to Pakistan.

This agreement is set to elevate investment and trade ties between the two nations to an unprecedented level and will serve as a driving force in enhancing their fraternal relations and deepening economic cooperation.