Pakistan, Azerbaijan agree to boost economic cooperation

Pakistan, Azerbaijan agree to boost economic cooperation

ISLAMABAD: Pakistan and Azerbaijan have agreed to attain the optimum level of economic cooperation.

 This understanding reached during a meeting between Prime Minister Nawaz Sharif and Azerbaijan President lham Aliyev on the sidelines of 13th ECO conference in Islamabad on Tuesday evening.

The two sides agreed to set the goal of concluding agreements of Preferential Tariff and Trade, investment, energy and other areas of economic cooperation.

Both leaders reviewed the decision taken during Prime Minister’s visit to Azerbaijan and expressed satisfaction at the progress of implementation of those decisions.

They underscored that Islamabad Declaration and ECO Vision 2025 are important documents and will offer a roadmap for the success of the organization and common prosperity of the entire region.

The two sides decided to create more opportunities for increase in trade and economic activities.

The Prime Minister appreciated Azerbaijan’s continued support on the Jammu and Kashmir dispute.    He reiterated Pakistan’s principle position on Azerbaijan’s stand on Nagorno’ Karabakh issue.

President Ilham Aliyev expressed concern over the escalation of human rights violations in Indian Occupied Kashmir and reiterated Azerbaijan’s support for the exercise of the right to self determination for the people of Kashmir.

Pakistan and Azerbaijan also signed the Inter-governmental agreement on cooperation in the field of energy, which was witnessed by Nawaz Sharif and Ilham Aliyev.

President Azerbaijan Ilham Aliyev also held a meeting with President Mamnoon Hussain in Islamabad on Tuesday evening.

During the meeting, views were exchanged on mutual interest.

They agreed to increase bilateral cooperation in diverse fields, including trade, defence, science, and energy.

President Ilham Aliyev declared Pakistan as his second home, which indicate his love for the country.

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