(MENAFN- AzerNews)
Qabil Ashirov read more Azerbaijan will sign a preferential trade agreement with
Pakistan, Azernews reports, citing Azerbaijani Ambassador to
Pakistan Khazar Farhadov, telling at a meeting in Sialkot Chamber
of Commerce and Industry.
As the Pakistani media report, the Azerbaijani ambassador
visited the Sialkot Chamber of Commerce and Industry (SCCI) to
interact with the Business Community of Sialkot.
At the meeting, mutual business relations between Azerbaijan and
Pakistan were discussed, where Abdul Ghafoor Malik, President of
SCCI, noted that Pakistan was keen to untap the potential that
exists on both sides and SCCI plans to a Trade Delegation of
prominent product sectors of Sialkot to Azerbaijan, to have
business-to-business interactions of Pakistani business community
with Azerbaijani counterparts.
Meanwhile, Khazar Farhadov noted that Azerbaijan would be
signing a Preferential Trade Agreement with Pakistan, which would
help businessmen on both sides to increase economic relations.
He added that last year the trade volume of Pakistan and
Azerbaijan increased three times, through joint efforts from both
sides.
Notably, the Islamic Republic of Pakistan was one of the first
countries to recognize the independence of the Republic of
Azerbaijan on the 12th of December 1991. Diplomatic relations
between the two countries were established on the 9th of June 1992.
The trade turnover between the two countries amounted to $27m in
2022.
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