Pakistan, Azerbaijan agree to accelerate trade and investment cooperation

News Image

MG News | November 26, 2025 at 11:28 AM GMT+05:00

0:00

November 26, 2025 (MLN):  Pakistan and Azerbaijan reaffirmed their commitment to strengthening economic cooperation as the  two countries reviewed ongoing collaboration in trade and investment and agreed to accelerate efforts to diversify and expand bilateral economic ties across multiple sectors.

Prime Minister Muhammad Shehbaz Sharif held talks with  Mikayil Jabbarov, Minister of Economy of the Republic of Azerbaijan, who is leading a senior delegation on an official visit to Pakistan, according to a press release.

The discussions covered defence production, petroleum and minerals, infrastructure development, dairy and livestock, hospitality, and information technology, with both sides noting steady growth in bilateral trade.

Prime Minister Sharif reiterated Pakistan’s proposal to set up a Pakistan-Azerbaijan Joint Investment Company with equal contributions and welcomed Azerbaijan’s interest in the White Oil Pipeline Project.

He also encouraged SOCAR to explore upstream oil and gas opportunities in Pakistan.

Both sides highlighted the importance of enhanced regional connectivity, with the Prime Minister  Pakistan’s position as the shortest route to Afghanistan and Central Asia and acknowledging Azerbaijan’s key role in the Trans-Caspian International Trade Corridor.

Reaffirming Pakistan’s desire to deepen the partnership, the Prime Minister invited President Ilham Aliyev to visit Pakistan. Minister Jabbarov expressed appreciation for Pakistan’s hospitality and voiced optimism that upcoming engagements would lead to the finalisation of the Roadmap on Cooperation in Commerce, Economy, Industry and Investment (2025–2028).

The meeting was attended by Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Minister for Power Sardar Awais Khan Leghari, Special Assistant to the Prime Minister on Foreign Affairs Syed Tariq Fatemi, and other senior officials.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 160,878.37
89.32M
-0.50%
-814.12
ALLSHR 97,248.51
248.58M
-0.69%
-670.73
KSE30 48,855.81
38.85M
-0.46%
-224.26
KMI30 228,954.22
34.91M
-0.53%
-1229.88
KMIALLSHR 63,016.24
105.70M
-0.70%
-446.64
BKTi 43,633.68
14.21M
-0.60%
-265.26
OGTi 31,075.10
3.11M
-1.10%
-346.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 87,595.00 88,210.00
86,865.00
175.00
0.20%
BRENT CRUDE 62.74 62.81
62.55
0.26
0.42%
RICHARDS BAY COAL MONTHLY 85.00 0.00
0.00
0.05
0.06%
ROTTERDAM COAL MONTHLY 96.30 0.00
0.00
0.45
0.47%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 58.18 58.25
57.95
0.23
0.40%
SUGAR #11 WORLD 14.90 14.97
14.79
0.08
0.54%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg