ISLAMABAD: Prime Minister Shehbaz Sharif said on Friday Pakistan was close to finalizing a $2 billion investment agreement with Azerbaijan, as he met a senior representative of President Ilham Aliyev amid Islamabad’s push to attract foreign capital into key sectors.
Sharif made the remarks during a meeting with Khalaf Khalafov, Azerbaijan’s presidential representative on special assignments, at the Prime Minister’s Office, according to an official statement.
The talks come as Pakistan seeks large-scale foreign investment to shore up its economy and strengthen energy security, with Azerbaijan emerging as a key partner.
“Welcoming the Azerbaijani dignitary, the Prime Minister recalled the warm fraternal bonds between Pakistan and Azerbaijan and reaffirmed Pakistan’s resolve to further strengthen bilateral relations with Azerbaijan, in all areas of mutual interest,” the statement said.
“While noting that both sides were close to finalizing the agreement for USD 2 billion investment by Azerbaijan in Pakistan, the Prime Minister reiterated his invitation to President Aliyev to undertake an official visit to Pakistan at his earliest convenience,” it added.
