DPM Ishaq Dar and Azerbaijan’s Minister Mikayil Jabbarov Discuss Acceleration of Key Economic Projects

Deputy Prime Minister and Foreign Minister of Pakistan, Senator Mohammad Ishaq Dar, and Mikayil Jabbarov, the Minister for Economy of Azerbaijan, expressed a strong commitment to accelerating priority projects that will serve as catalysts for broader economic growth. The discussions focused on key sectors including infrastructure, energy, and information technology (IT), with both sides emphasizing their mutual ambition to fast-track these initiatives.

According to a news release from the Deputy Prime Minister’s office, the meeting centered on the shared objective of enhancing bilateral economic cooperation. Both dignitaries reaffirmed their commitment to boosting trade, investment, and long-term collaboration between Pakistan and Azerbaijan, with a special focus on areas that can provide tangible benefits to both nations.

The two leaders also explored opportunities in green energy, discussing potential joint ventures and investments that could strengthen their cooperation in sustainable energy solutions. This aligns with their broader vision of expanding economic ties into emerging sectors and fostering a future-oriented partnership.

A key highlight of the meeting was the acknowledgment of the significant progress made following Prime Minister Shehbaz Sharif’s recent visit to Azerbaijan. The visit helped catalyze a renewed focus on priority investment projects, and the momentum has been maintained through ongoing collaboration between government bodies and private sectors from both countries. The Special Investment Facilitation Council (SIFC) has also played a vital role in ensuring continuous dialogue and partnership.

The Ministry of Commerce in Pakistan has outlined a comprehensive roadmap designed to elevate bilateral trade volumes and diversify cooperation areas. These efforts include actionable strategies to create a more favorable environment for businesses and investors from both Pakistan and Azerbaijan, making it easier for them to engage in mutually beneficial ventures.

Looking ahead, both sides are preparing to sign a series of agreements and memorandums of understanding (MoUs) during the upcoming visit of the President of Azerbaijan to Pakistan. These agreements are expected to mark a significant milestone in advancing the economic ties between the two nations.

In closing, both Deputy Prime Minister Ishaq Dar and Minister Jabbarov reaffirmed their commitment to continue working together to unlock the full potential of their bilateral relationship. Their collaborative efforts aim to promote sustainable economic growth and ensure prosperity for both nations.