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January 30, 2026
Pakistan and Azerbaijan have agreed to fast-track a $2 billion investment agreement to deepen economic cooperation.
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Pakistan and Azerbaijan have taken a significant step forward strengthening bilateral ties as Prime Minister Shehbaz Sharif met Azerbaijani President Ilham Aliyev’s Special Representative, Khalaf Khalafov, to advance a landmark $2 billion investment agreement. Both sides agreed to expedite the completion of the deal, describing it as a major milestone in economic cooperation between the two countries.
The meeting reviewed the full spectrum of bilateral relations, with a focus on investment opportunities, economic cooperation, energy collaboration, and the evolving regional situation. Prime Minister Sharif reaffirmed Pakistan’s commitment to deepening ties with Azerbaijan across political and economic sectors and said the proposed agreement would open new avenues for long-term investment partnerships.
Regional peace and security were also discussed, with both sides stressing the importance of sustained dialogue and close coordination in light of regional challenges. The Prime Minister conveyed his best wishes to President IIham Aliyev and reiterated an invitation for an official visit to Pakistan.
Separately, Khalaf Khalafov met Deputy Prime Minister and Foreign Minister Ishaq Dar to discuss expanding bilateral cooperation and enhancing regional coordination. Pakistan reiterated its support for Azerbaijan’s regional initiatives, with both sides agreeing to maintain continued engagement to further strengthen relations.
