Pakistan and Azerbaijan have agreed to take economic relations to new heights, enhancing the bilateral investment level of up to 2 billion U.S. dollars in areas of mutually beneficial projects.
In a joint press stakeout along with Azerbaijani President Ilham Aliyev, Pakistani Prime Minister Shehbaz Sharif said on Thursday that both countries are ready to ink agreements worth 2 billion U.S. dollars to start with as there is great potential to multiply this figure in years to come, reports BSS.
The Azerbaijani president said that for an initial investment of 2 billion U.S. dollars, several projects in the areas of energy, connectivity, infrastructure and defense industry were reviewed, adding that Pakistan and Azerbaijan will build strong partnership not only on a political level but also on economic and trade investment level.
