Pakistan partners with Azerbaijan for $2bn deal to boost economy

With agreement, Pakistan aims to prove milestone for further promotion of brotherly relations and to boost trade partnership
Prime Minister Muhammad Shehbaz Sharif in a meeting with Azerbaijan President Ilham Aliyev on the sidelines of 17th ECO Summit being held in Khankendi, Azerbaijan, on July 4, 2025. — Facebook/@GovtofPakistan

Prime Minister Muhammad Shehbaz Sharif in a meeting with Azerbaijan President Ilham Aliyev on the sidelines of 17th ECO Summit being held in Khankendi, Azerbaijan, on July 4, 2025. — Facebook/@GovtofPakistan

Pakistan and Azerbaijan on Friday, July 4, 2025, signed a partnership deal of $2 billion investments in Pakistan.

The agreement was reflective of the continuing flow of investment in Pakistan under the leadership of Prime Minister Muhammad Shehbaz Sharif.

The agreement was signed between the two countries after a cordial meeting between the Prime Minister and the Azerbaijani President Ilham Aliyev in Khankandi.

In the presence of the prime minister, deputy prime minister and Foreign Minister Muhammad Ishaq Dar and Azerbaijani Economy Minister Mikayil Jabbarov signed the agreement for investment of a total of $2 billion by Azerbaijan in the economic sector of Pakistan.

However, the final and detailed agreement will be signed during the Azerbaijani President’s visit to Pakistan.

With this partnership, Pakistan aims to prove a milestone for further promotion of brotherly relations between the two countries and for the strengthening of trade partnership.

Before the recent visit of the prime minister, the deputy prime minister and the foreign minister, the Pakistani diplomatic mission and delegations reached a consensus on different aspects of this agreement.

Both countries also agreed on further exchanges to promote cooperation in different sectors.

Speaking to the media in Shusha, Prime Minister Shehbaz Sharif stated that Pakistan and Azerbaijan signed an investment agreement of $2 billion, adding that in the future, the investment will be increased manifold.