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FM: Azerbaijan will study investment opportunities in Pakistan

Business Materials 16 June 2010 12:48 (UTC +04:00)
Azerbaijan was keen to explore investment opportunities in Pakistan, Azerbaijan Foreign Minister Elmar Mamadyarov, who was on a one day visit to Pakistan, said, APP reported.
FM: Azerbaijan will study investment opportunities in Pakistan

Azerbaijan, Baku, June 16 / Trend /

Azerbaijan was keen to explore investment opportunities in Pakistan, Azerbaijan Foreign Minister Elmar Mamadyarov, who was on a one day visit to Pakistan, said, APP reported.

At the meeting with Pakistani Foreign Minister Makhdoom Shah Mahmood Qureshi, Mammadyarov emphasized that the country, given its huge oil and gas reserve was destined to play an important role in the overall development of the region and beyond. 

The two ministers exchanged views on a whole range of bilateral, regional and international issues. Pakistan and Azerbaijan agreed that the two countries, which enjoy excellent brotherly relations, would continue supporting each other on important issues at multilateral forums.

On bilateral relations, Qureshi noted that while the political relationship between the two countries was very strong, economic and commercial relations notably lagged behind.
The current volume of bilateral trade to the tune of $ 11 million was not commensurate with the intense political warmth that existed between the two countries, he added.

The two sides agreed that at the next session of the Joint Ministerial Commission, which was to be held in Baku, they should consider all aspects of bilateral relations and look into opportunities for cooperation in non-traditional areas.

During the working visit, Mammadyarov took part in the opening of the new building of Azerbaijani Embassy in Islamabad.

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