Pakistan and Azerbaijan have agreed to finalise an investment framework aimed at facilitating Azerbaijani capital inflows into Pakistan, marking a new phase in bilateral economic cooperation between the two countries.
The proposed framework is expected to pave the way for potential investments of up to $2 billion in key sectors of Pakistan’s economy.
According to a statement shared by the Ministry of Foreign Affairs on social media platform X, Deputy Prime Minister and Foreign Minister Ishaq Dar held a telephone conversation with Azerbaijan’s Minister of Economy, Mikayil Jabbarov, during which the two sides discussed measures to strengthen economic ties.
The officials agreed to expedite the finalisation of investment modalities to enable Azerbaijani investments in priority sectors. The framework is intended to streamline procedures, remove bottlenecks, and encourage long-term economic collaboration.
Both sides expressed satisfaction with the current state of bilateral relations and reaffirmed their commitment to further enhancing cooperation through sustained high-level engagement.
Dar underlined the importance of continued leadership-level interactions in expanding collaboration across areas of mutual interest.
While details of specific sectors were not disclosed, Pakistan has been actively seeking foreign investment in areas such as energy, minerals, infrastructure, transport, and industrial development. Azerbaijan, a major energy producer and an increasingly active regional investor, has shown growing interest in expanding its economic engagement in South Asia.