Multan, 23 August 2022 (TDI): The Ambassador of Azerbaijan to Pakistan, Khazar Farhadov, met with Muhammad Tahir, Deputy Commissioner of Multan district of Pakistan.
H.E. Mr. Khazar Farhadov @k_farhadov , Ambassador of #Azerbaijan 🇦🇿 to Pakistan met with Mr. Muhammad Tahir, Deputy Commissioner of Multan district of #Pakistan 🇵🇰. pic.twitter.com/Ir33tkbECH
— Azerbaijan Emb. to Pakistan (@AzEmbPak) August 23, 2022
Previous meetings of the Ambassador
Recently, Ambassadors of various countries including the Ambassador of Azerbaijan visited the Lahore Chamber of Commerce and Industry (LCCI) to attend a meeting.
The meeting happened on 22nd August in which a detailed discussion was held on the bilateral relations of Pakistan with each state.
Azerbaijani Ambassador Khazar Farhadov appreciated the role of the Lahore Chamber in maintaining good economic relations between the two countries. He said that Pakistan is a strong country and has supported Azerbaijan in testing times.
Further, he emphasized, “We want to further improve the trade relations with Pakistan,” and added that cultural cooperation should be promoted.
Also read Azerbaijan greets Pakistan on 75th Independence Day
Relations between Pakistan and Azerbaijan
Pakistan and Azerbaijan have unique historical, religious, cultural, and political commonalities which are beyond the geographical distances. Both states maintain strong diplomatic relations and are strategic partners as well.
Pakistan was the second country, after Turkiye, to recognize Azerbaijan after its independence from the Soviet Union in 1991. Trade and cooperation have steadily grown between the two nations.
Moreover, the nations have held several summits on improving trade between the two countries. Pakistan and Azerbaijan signed an agreement on cooperation in trade and economy in 1995.
In 2005, Pakistan opened a branch of the National Bank of Pakistan in Baku. According to the State Bank of Pakistan, Pakistan’s exports to Azerbaijan in 2021-22 were $6.3 million.
On the other hand, imports from Pakistan were mere $1.5 million. This essentially means that the total trade volume between the two countries is $10 million.
In addition, Pakistan can also further strengthen trade relations with Azerbaijan by exporting sports goods, the leather industry, and pharmaceutical equipment.
