Azerbaijani and Pakistani officials discussed cooperation in the
The discussions took place between Chairman of the Economic
Zones Development Agency (EZDA) Elshad Nuriyev and Pakistani
Ambassador in Azerbaijan Bilal Hayee and CEO of IBL Group Seyid
During the meeting, the parties discussed the possibility of
implementing joint investment projects with the residents of
Pirallahi Industrial Park. Moreover, IBL Company expressed its
interest in investing in the pharmaceutical industry in
“A meeting has been held between the chairman of Economic Zones
Development Agency (EZDA), Elshad Nuriyev, and Pakistani Ambassador
in Azerbaijan Bilal Haye and CEO of IBL Group Seyid Nadim Ahmed. At
the meeting, it was pointed out that the IBL Company is interested
in investing in the pharmaceutical industry in industrial zones,
and the possibilities of implementing joint investment projects
with the residents of Pirallahi Industrial Park were discussed ,” EZDA posted on Facebook.
Azerbaijan and Pakistan cooperate in various sectors of the
economy. The relations between the two countries date back to 1991.
Pakistan was among the first countries to recognize Azerbaijan's
The trade turnover between the two countries totaled $20 million
in January-November 2022.
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