Pakistan, Azerbaijan fast-track rail ties

News Image

MG News | July 19, 2025 at 02:01 PM GMT+05:00

0:00

July 19, 2025 (MLN): Pakistan and Azerbaijan have agreed to establish joint working groups (JWGs) to deepen economic cooperation and fast-track bilateral connectivity, with a strategic focus on rail and trade infrastructure, according to an official statement following a high-level meeting on Saturday.

The session, chaired by Minister of State for Railways and Finance Bilal Azhar Kayani, convened senior officials from multiple government agencies, including the Special Investment Facilitation Council (SIFC), National Logistics Corporation (NLC), Maritime Affairs, and the State Bank of Pakistan.

Kayani reaffirmed Pakistan’s commitment to enhancing rail-based trade with Azerbaijan, aligning with Prime Minister Shehbaz Sharif’s broader vision to modernize the national railway network and leverage it for regional freight and logistics integration.

The Secretary Railway Board, Muhammad Yousuf, delivered a comprehensive presentation on the network’s current capacity and its scalability to handle expanded cross-border trade.

Discussions also touched on the trilateral rail agreement between Pakistan, Uzbekistan, and Afghanistan, highlighting its relevance to broader regional connectivity ambitions.

The meeting marked a step forward in Pakistan’s bid to reposition itself as a logistics hub for Central Asia, leveraging infrastructure partnerships and policy alignment to attract regional trade flows.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,265.00 113,390.00
108,020.00
-4475.00
-3.97%
BRENT CRUDE 67.46 67.94
67.29
-0.52
-0.76%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.01 64.55
63.88
-0.59
-0.91%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling


August 29, 2025 at 05:46 PM GMT+05:00

SECP cuts bonus, right issue timelines



Top 5 things to watch in this week

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