Azerbaijan is set to invest $2 billion in Pakistan's economy, with key investments focusing on oil and gas exploration, renewable energy development, and energy efficiency. The agreements will be signed during the upcoming visit of Pakistan's Prime Minister Shahbaz Sharif to Baku.
Azerbaijan is set to invest $2 billion into Pakistan's economy, according to a report from the Pakistani newspaper Dawn. These significant investment agreements will be signed during the upcoming visit of Pakistan's Prime Minister Shahbaz Sharif to Baku later this month.
Abdul Aleem Khan, Pakistan’s Minister of Privatization, Investments, and Communications, who is leading the Pakistani delegation to Baku, confirmed that the prime minister’s visit will include the signing of agreements with Azerbaijan, totaling $2 billion. The investments are expected to focus on several key sectors, including oil and gas exploration, the development of renewable energy, and energy efficiency improvements.
The report highlights the growing economic cooperation between the two nations, with Azerbaijan committing to substantial investments aimed at enhancing Pakistan’s energy sector. The planned investments come at a time when both countries are looking to strengthen bilateral ties and boost economic collaboration.
Additionally, it was reported that Rovshan Najaf, the President of SOCAR (State Oil Company of Azerbaijan Republic), recently met with Abdul Aleem Khan in Baku. This meeting is seen as a step toward finalizing the terms of the upcoming agreements and reinforcing the economic relationship between Azerbaijan and Pakistan.
These developments are expected to pave the way for deeper cooperation in energy and infrastructure projects, marking a new chapter in the economic partnership between the two countries.
Radio contact was lost with a jet carrying Libya’s army chief of staff, Mohammed Ali Ahmed Al-Haddad, shortly after it took off from Ankara, the Tur...
The economic and political relationship between Azerbaijan and Türkiye has been on an upward trajectory, with both countries strengthening their ties...
In the midst of political tensions and a looming budget crisis in France, the government is grappling with the intricacies of passing an emergency bil...
Afghanistan and Iran have signed an implementation plan to strengthen regulation of food, medicine, and health products based on a 2023 cooperation ag...
Current security challenges and ongoing geopolitical shifts were the focus of the annual Georgia Ambassadors' Conference taking place from 22 - 25 Dec...
The economic and political relationship between Azerbaijan and Türkiye has been on an upward trajectory, with both countries strengthening their ties through a broad spectrum of cooperation.
Premium AI-95 gasoline produced in Azerbaijan will soon be available for sale in Armenia at a significantly lower price compared to local market rates.
AnewZ and Pakistan TV have signed a memorandum of understanding aimed at strengthening cooperation in the media sector through staff training, content sharing and joint projects.
Prospects for Azerbaijan–Türkiye ties in 2026 will largely depend on regional peace efforts and the broader geopolitical environment in the South Caucasus according to a regional analyst.
Vince Zampella, co-creator of the Call of Duty gaming franchise, has died in a car crash involving a Ferrari crash on Monday in Los Angeles, United States.
Israeli Prime Minister Benjamin Netanyahu said Israel is monitoring recent Iranian military exercises and will raise the issue with U.S. President Donald Trump during his visit to Washington next week.
The European Union stands at a crossroads: to receive new members and accelerate the enlargement process in order to strengthen its role in the international arena, or to risk strategic stagnation by delaying expansion in favor of internal reform.
Paramount has reaffirmed its bid to acquire Warner Bros. Discovery, offering $30 per share in cash and backing the proposal with a $40.4 billion personal equity guarantee from billionaire Larry Ellison, despite the target company’s board urging shareholders to reject the offer.
U.S. President Donald Trump has approved plans to construct a new class of battleships, which he described as larger, faster and significantly more powerful than any previous U.S. warship.
The economic and political relationship between Azerbaijan and Türkiye has been on an upward trajectory, with both countries strengthening their ties through a broad spectrum of cooperation.
Afghanistan and Iran have signed an implementation plan to strengthen regulation of food, medicine, and health products based on a 2023 cooperation agreement.
Current security challenges and ongoing geopolitical shifts were the focus of the annual Georgia Ambassadors' Conference taking place from 22 - 25 December in Tbilisi.
The Oligarch’s Design is an investigative documentary by AnewZ Investigations. It is built around the case of Ruben Vardanyan, but it is not a biography. It is a study of mechanisms, how money travels, how influence is packaged, and how narratives are built to look like truth.
Senior Turkish officials have met with their Syrian counterparts in Damascus on Monday ahead of a deadline for Kurdish-led forces in the Country's northeast to be integrated into the Syrian Armed forces.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment