ISLAMABAD – Pakistan, and Azerbaijan are ushering into another era of cooperation, with $2 Billion investment package poised to transform Pakistan’s economic landscape.
Azerbaijani President Ilham Aliyev made announcement during trilateral summit held with Pakistan Prime Minister Shehbaz Sharif and Turkis leader, marking a new chapter in regional economic cooperation.
President Aliyev explained the investment plan while addressing the high-profile summit, as three allied nations pledged advancing cooperation. He emphasized the importance of expanding economic partnerships and acknowledged Pakistan’s unwavering support during Azerbaijan’s 2020 conflict over Nagorno-Karabakh.
According to Azerbaijani officials, the investment package includes proposed projects in infrastructure, energy, and technology. Discussions are underway between the two governments to finalize specific ventures under plan.
The investment is expected to bolster Pakistan’s energy security, improve transport and logistics infrastructure, and foster innovation through technology partnerships.
Experts believe this financial commitment will not only enhance Pakistan’s economic resilience but also solidify Azerbaijan’s growing role as a regional investor and strategic partner.
The summit, held with the participation of Turkish President Recep Tayyip Erdogan and Pakistani Prime Minister Shehbaz Sharif, also explored opportunities for trilateral cooperation in defence, trade, and regional connectivity. However, Azerbaijan’s investment pledge emerged as a key highlight of the meeting.
Prime Minister Sharif welcomed the investment commitment, calling it a “testament to brotherly ties” and a step toward “shared prosperity in the region.”
With formal agreements and memoranda of understanding expected to follow in the coming weeks, the $2 billion package is seen as a milestone in Pakistan-Azerbaijan relations.
Defense, Investment take center stage as Pakistan, Azerbaijan pledge to boost strategic ties
