Pakistan, Azerbaijan strengthen economic ties with high-level visit

News Image

MG News | April 09, 2025 at 11:19 AM GMT+05:00

0:00

April 09, 2025 (MLN): To explore investment opportunities and strengthen bilateral economic cooperation, a high-level delegation from Azerbaijan, led by H.E. Mikayil Jabbarov, Minister of Economy, visited Pakistan on April 8, 2025.

The delegation's visit to the Special Investment Facilitation Council (SIFC) aimed to lay the groundwork for increased investments between the two nations.

During the visit, the Azerbaijani side expressed strong interest in investing in various critical sectors in Pakistan, including regional connectivity and infrastructure projects, such as strategic motorways, oil and gas exploration, and oil pipeline projects.

Other areas of focus included the development of special economic zones, mineral resources, energy sector collaboration, and IT and digital innovation.

The high-level officials of SIFC warmly welcomed the delegation and provided a comprehensive briefing on the thriving investment ecosystem in Pakistan.

The discussions highlighted the potential for significant growth and mutual benefits in these identified sectors, marking the visit as a significant step towards enhancing economic ties between the two countries.

This engagement is expected to serve as a precursor to the upcoming visit of the President of Azerbaijan to Pakistan, according to the press release issued today.

Both sides expressed optimism that the discussions would transform expressed interests into tangible projects and agreements, ultimately contributing to the long-term development of both nations.

The visit, characterized by a spirit of partnership and mutual growth, is seen as an important milestone in strengthening the economic relationship between Pakistan and Azerbaijan, setting the stage for increased collaboration and investment in the future.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

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