Islamabad, (Newsman): Federal Minister for Board of Investment, Privatization, and Communications, Abdul Aleem Khan, held a meeting with Azerbaijan’s Minister for Economy, Mikayal Jabbarov, in Baku.
During the meeting, they discussed a range of bilateral issues, with a particular focus on investment opportunities across various sectors.
During the meeting, Abdul Aleem Khan invited the Azerbaijani government to participate in the privatization of key Pakistani state-owned enterprises, including Pakistan International Airlines (PIA), Utility Stores Corporation, Zarai Taraqiati Bank, Distribution Companies (DISCOs), and other entities.
Also Read: Defense Minister Inaugurates IDEAS 2024, Highlights Growth of Pakistan’s Defense Industry
He emphasised the potential for increased trade between Pakistan and Azerbaijan and highlighted the significant scope for investment in sectors such as LNG, renewable energy, IT, telecommunications, agriculture, and energy.
On the topic of communications, the Federal Minister proposed Azerbaijani involvement in the Karachi-Sukkur Motorway (M6) project, a crucial route that directly connects to Pakistan’s seaports.
Also Read: Exchange Rates in Pakistan; 18 November 2024
Mikayal Jabbarov, Azerbaijan’s Minister for Economy, expressed satisfaction over the newly launched direct flight between Pakistan and Baku, which has boosted tourism between the two countries.
He warmly welcomed Abdul Aleem Khan and assured him of full cooperation from the Azerbaijani government. Both ministers praised the strong, brotherly ties between Pakistan and Azerbaijan and expressed hope that these relations would continue to strengthen in the future.