ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Saturday welcomed a peace agreement between Azerbaijan and Armenia, hoping that it would open new avenues for trade and regional connectivity.
US President Donald Trump announced that Armenia and Azerbaijan had committed to a lasting peace after decades of conflict as he hosted the leaders of the South Caucasus rivals at a White House signing event.
The development comes as Pakistan, slowly recovering from a macroeconomic crisis under a $7 billion International Monetary Fund (IMF) loan, looks to capitalize on its geostrategic location to boost transit trade and foreign investment for a sustainable recovery.
“We congratulate President Ilham Aliyev and the people of Azerbaijan on this historic agreement, that reflects wisdom, foresight and sagacity in charting a course for a peaceful future for their region,” Sharif said on X.
“We also appreciate the facilitation role of the United States, under President Donald Trump, in bringing the two sides together and securing an agreement that opens new avenues for trade, connectivity, and regional integration.”
