- It will be the second visit of PM in Azerbaijan from his office.
- The two parties should sign several memorandum of understanding.
- PM to also visit Fuzuli as part of the visit of released territories.
Islamabad: Prime Minister Shehabz Sharif will undertake an official two -day visit to Azerbaijan from February 24 to 25 at the invitation of President Ilham Aliyev, the Ministry of Foreign Affairs said.
According to the press release published on Saturday, this will be the second visit to Prime Minister Shehbaz in Azerbaijan since taking office in March 2024.
He will be accompanied by a high-level delegation, including the Deputy Prime Minister and Minister of Foreign Affairs, Senator Ishaq Dar and other key members of the cabinet, reflecting the strong commitment of Pakistan to deepen his commitment with Azerbaijan .
During the visit, the two parties engage in large discussions on the fields of mutual interest in order to further strengthen bilateral cooperation, in particular in the energy, trade, defense, the defense sectors ‘Education and climate.
During the visit, the two parties should sign several memorandum of understanding in several areas of cooperation.
The Prime Minister should also give an opening speech during a sales forum organized in collaboration with the Export and Promotion of Investments Agency of the Azerbaijan Republic (AZPROMO).
During the visit, the Prime Minister, with the President of Azerbaijan, will also visit Fuzuli (Karabakh) as part of a special visit to the Karabakh.
Earlier, The news Citing the senior officials indicated that the two countries are likely to sign the agreement on the creation of an international commercial company in Singapore as a joint venture between Pakistan State Oil (PSO) and the State Oil Company of Azerbaijan Republic (Socar ).
The Federal Cabinet has already ratified the ECC decision approving the creation of this company. It will be the very first company to be created by PSO in Singapore for LNG traffic and other energy products. The PSO will soon deposit $ 0.5 million in a bank in Singapore for the registration of its company.
“In particular, in February 2024, Pakistan signed an agreement with Azerbaijan for the sale of JF-17C Block-III hunting jets, worth 1.6 billion dollars. In July 2024, during the visit of the president of Azerbaijan in Pakistan, the two countries agreed to improve the level of bilateral investment of up to 2 billion dollars in areas of mutually beneficial projects, “said the report.