Pakistan and Azerbaijan have signed agreements and memorandums of understanding (MOUs), chiefly about trade and energy, during a visit to Azerbaijan by Pakistani Prime Minister Shehbaz Sharif.
Sharif arrived Sunday in the Azerbaijani capital, Baku, for a two-day visit to hold talks with President Ilham Aliyev and other top officials.
In a post on social media, the Pakistani leader said he had an “excellent meeting” with Aliyev, saying the two worked on finalizing a portfolio of investments Azerbaijan plans to make in Pakistan.
Aliyev promised a $2 billion investment during a visit to Pakistan last July.
“This will be the first quantum jump in our trade and investment relations and will be a huge reflection of our fraternal ties,” a statement from the Pakistani prime minister’s office quoted Sharif as saying.
This is Sharif’s second visit to the Central Asian country since taking office in February of last year.
Aliyev is expected to sign final agreements for investment during a visit to Pakistan in April.
“We received concrete projects from Pakistan, and Azerbaijani representatives are evaluating them. Today we put ambitious and realistic targets to finalize all the discussions within one month and by the beginning of April, the documents will be prepared for signing,” the Pakistani statement quoted Aliyev as saying.
