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Enormous potential of trade & investment b/w Pak and Azerbaijan:PM

ISLAMABAD: The Prime Minister Shehbaz Shareef has said that Foreign investment surging due to government policies, he said an enormous potential of trade and Investment between Pakistan and Azerbaijan.

The Prime Minister Shahbaz Shareef said while Chairing a meeting in Islamabad today regarding the promotion of economic and trade relations with Central Asian Republics especially Azerbaijan, he said that there is an enormous potential of trade and investment between Pakistan and Azerbaijan.

Highlighting the unique strategic location of Pakistan, he said that Pakistan offers a natural economic corridor through Sea waters for Central Asian states.

The Prime Minister said that Pakistan and Azerbaijan have longstanding fraternal ties spanning decades.

He further said that foreign investment is increasing in the country due to the business and investment-friendly policies of the government.

The meeting was briefed that negotiations are underway to have preferential trade agreement with Azerbaijan as there is a huge potential of energy cooperation with Azerbaijan.

The Prime Minister was also briefed about the steps taken to increase business and trade volume, potential and investment opportunities between Pakistan and Azerbaijan.