Azerbaijan signs $2 billion investment agreement with Pakistan

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Turkish President Tayyip Erdogan, Azerbaijan’s President Ilham Aliyev and Pakistan’s Prime Minister Shehbaz Sharif airs astatine the extremity of the 17th Summit of the Economic Cooperation Organization (ECO) subordinate states, successful Khankendi, Azerbaijan, connected July 4, 2025. | Photo Credit: Turkish Presidential Press Office via Reuters

Pakistan and Azerbaijan person signed an statement for concern worthy $2 cardinal successful divers sectors of Pakistan’s economy.

The woody was signed connected Friday (July 4, 2025) aft a bilateral gathering betwixt Prime Minister Shehbaz Sharif and President Ilham Aliyev connected the sidelines of the Economic Cooperation Organisation (ECO) acme hosted by Azerbaijan.

The papers was signed by Deputy Prime Minister/Foreign Minister Ishaq Dar and Azerbaijan’s Minister for Economy Mikayil Jabbarov successful Khankendi, Azerbaijan. Mr. Aliyev and Mr. Sharif witnessed the signing ceremony.

According to Radio Pakistan, the elaborate statement volition beryllium signed during the Azeri president’s sojourn to Pakistan to instrumentality concern and commercialized relations betwixt the 2 countries to a historical level.

The dates of the sojourn of Mr. Aliyev are not known arsenic yet, but sources said that it would instrumentality spot this year.

Ties betwixt Pakistan and Azerbaijan person improved, and the state besides supported Pakistan successful the caller struggle with India. They already person robust defence practice and present privation to further cement it with economical cooperation, according to sources.

Published - July 05, 2025 11:14 americium IST

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