TODAY.AZ / Politics

Azerbaijan eyes investing in Pakistan

03 March 2014 [18:40] - TODAY.AZ
Azerbaijan is to invest in Pakistan's energy sector, Azerbaijani Ambassador to Pakistan, Dashgin Shikarov said in an interview with Pakistani 'The Frontier Post' newspaper.

He said during the interview that Pakistan and Azerbaijan need to focus on bilateral cooperation in the trade, commercial and economic sectors.

The ambassador also said both countries are going to hold the sixth joint ministerial meeting shortly to promote bilateral relations.

Shikarov stressed that Azerbaijan can help Pakistan in overcoming its energy crisis as it is self-sufficient in crude oil and gas.

Between January and October, 2013, trade turnover between Azerbaijan and Pakistan stood at $976,340, according to the Azerbaijani State Customs Committee (SCC).

A major part of trade turnover namely $948,080, accounted for imports of Pakistani products in Azerbaijan.

Azerbaijani goods worth $28,260 were exported to Pakistan throughout the reporting period.



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