Pakistan-Azerbaijan Investment Framework Nears Final Stage

Pakistan-Azerbaijan investment framework has entered a new phase as both countries move closer to finalizing a plan for potential investment worth up to $2 billion.

Pakistan’s Ministry of Foreign Affairs confirmed the development in a post on the social media platform X. Deputy Prime Minister and Foreign Minister Ishaq Dar held a telephone call with Azerbaijan’s Economy Minister Mikayil Jabbarov.

During the call, both sides agreed to quickly finalize the mechanism for Azerbaijani investment in Pakistan’s key economic sectors. The framework aims to ease the transfer of Azerbaijani capital into the priority sectors of Pakistan.

Read Also: Pakistan Vietnam and Iran Investment Cooperation Boost

Both leaders expressed satisfaction over strong bilateral relations. They also agreed to further strengthen cooperation through regular high-level contacts. Ishaq Dar said such engagements play a key role in expanding collaboration in areas of mutual interest.

Officials did not disclose specific investment sectors. However, Pakistan continues to seek foreign investment in energy, minerals, infrastructure, transport, and industrial development.

Azerbaijan, a major energy-producing country and an emerging regional investor, wants to expand its economic footprint in South Asia.

The Pakistan-Azerbaijan investment framework reflects growing economic ties and signals a strong commitment to long-term cooperation between the two countries.