BAKU
\nPrime Minister Shehbaz Sharif and President of Azerbaijan Ilham Aliyev on Monday reaffirmed their commitment to boost trade turnover and increase cooperation across various sectors including defence, transportation and connectivity.
\nDuring a joint press stakeout, following the exchange of pre-signed documents of various projects, the two leaders emphasized the importance of unlocking the full potential of bilateral trade and investment in a range of mutually beneficial areas.
\nPrime Minister Shehbaz said US$2 billion investment in Pakistan announced by the Azerbaijan President will bring dividends to both countries. He said that a one-month time had been given to finalize all the projects and agreements in various sectors to be signed in April this year during the visit of Azerbaijan President to Pakistan.
\n\u201cThis will be the first quantum jump in our trade and investment relations and will be a huge reflection of our fraternal ties,\u201d the prime minister said adding that \u201cOur business, trade, and investment ties were not reflecting the true strength of our relations but today we have achieved that target and in a months\u2019 time we will celebrate this great decision into action\u201d.
\nPresident Aliyev regretted that the bilateral trade turnover was only several tens of millions of US dollars that was needed to be increased. \u201cI think we have the way how to do it\u201d, he said adding that \u201cWe received concrete projects from Pakistan, and Azerbaijani representatives are evaluating them, today we put ambitious and realistic targets to finalize all the discussions within one month and by the beginning of April, the documents will be prepared for signing\u201d.
\nThe President of Azerbaijan emphasized that these projects covered infrastructure development areas as well as energy, economic, mining and others. He said during his meeting with PM Shehbaz Sharif, they discussed important issues, and reaffirmed resolve to continue to support each other on all issues of international relations.
\nHe said they also discussed numerous issues of current international development and cooperation in defence area including defence industry. \u201cAzerbaijan has already acquired defence equipment from Pakistan and we are satisfied with the quality of this equipment and we will continue to do to it.
\nAt the same time, he said, they also discussed opportunity of joint manufacturing in defence industrial items, which will be another important sector of bilateral cooperation. As regards connectivity and transportation sectors, he said that the people to people contacts had also been developed successfully between the two countries.
\n\u201cWith regular airlines connection, the number will grow and we will see more regular interactions between the two countries.\u201d Praising Prime Minister Shehbaz Sharif\u2019s vision and reforms which he implemented in Pakistan, he said these steps brought important results in areas of economy and political stability.
\n\u201cAll is due to your hard work and work of your team, and we as your brother and friend, really happy on the achievements under your leadership,\u201d he added. Prime Minister Shehbaz Sharif extended his gratitude to the Azerbaijan President for dispatching his delegation to Islamabad to add further beauty and attraction to Islamabad.
\nHe also thanked him for his country\u2019s continued support for the cause of Kashmir without any political conditions. \u201cWe deeply appreciate this and I hope that resolutions passed by the United Nations General Assembly and Security Council will be materialized one day soon through our collective efforts,\u201d he added.
\nThe prime minister underscored that the People of Gaza now needed permanent ceasefire and today was the time that pause in Gaza should now be converted into permanent ceasefire and dream of two-state of this area should be materialized.<\/p>\n","protected":false},"excerpt":{"rendered":"
BAKU Prime Minister Shehbaz Sharif and President of Azerbaijan Ilham Aliyev on Monday reaffirmed their commitment to boost trade turnover and increase cooperation across various sectors including defence, transportation and connectivity. During a joint press stakeout, following the exchange of pre-signed documents of various projects, the two leaders emphasized the importance of unlocking the full …<\/p>\n","protected":false},"author":4,"featured_media":77566,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75],"tags":[],"class_list":["post-77553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/77553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=77553"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/77553\/revisions"}],"predecessor-version":[{"id":77567,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/77553\/revisions\/77567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/77566"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=77553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=77553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=77553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}