Pakistan, Azerbaijan Sign $2b Deal at ECO Summit
- On July 4, 2025, Prime Minister Muhammad Shehbaz Sharif and President Ilham Aliyev held talks in Khankendi, Azerbaijan, coinciding with the Economic Cooperation Organization’s seventeenth summit, where Pakistan and Azerbaijan finalized a $2 billion investment agreement.
- This agreement followed earlier diplomatic visits and meetings, including Shehbaz's May visit to Lachin and ongoing efforts to strengthen bilateral trade and investment relations.
- The leaders expressed satisfaction with investment progress and resolved to expand cooperation in trade, water resource management, and glacier conservation to strengthen economic ties.
- PM Shehbaz described the deal as a 'historical milestone' and thanked President Aliyev for investing in Pakistan, adding that the partnership is expected to grow manifold in the future.
- The agreement sets the stage for a detailed memorandum to be formalized during President Aliyev's planned visit to Pakistan and reflects stronger regional connectivity commitments from ECO members.
23 Articles
23 Articles
Azerbaijan Signs USD 2 Billion Investment Agreement with Pakistan
Get latest articles and stories on World at LatestLY. Pakistan and Azerbaijan have signed an agreement for investment worth USD 2 billion in diverse sectors of Pakistan's economy. World News | Azerbaijan Signs USD 2 Billion Investment Agreement with Pakistan.
Pakistan, Azerbaijan sign $2b deal at ECO Summit
Pakistan and Azerbaijan on Friday signed a landmark agreement for a $2 billion Azerbaijani investment in Pakistan’s economy on the sidelines of the 17th Economic Cooperation Organization (ECO) summit, marking a significant boost to bilateral investment. The pact was finalised in the presence of Prime Minister Shehbaz Sharif, Deputy Prime Minister and Foreign Minister Ishaq Dar, and Azerbaijan’s Economy Minister Mikayil Jabbarov. The agreement, w…


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Prime Minister Muhammad Shehbaz Sharif in a meeting with President of Azerbaijan Ilham Aliyev on the sidelines of 17th ECO Summit being held in Khankendi, Azerbaijan, on July 4, 2025. — Facebook/@GovtofPakistanOn the sidelines of the Economic Cooperation Organisation Summit in Khankendi,...
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