Islamabad (TDI): Khayyam Farzaliyev, Deputy Chairman of AzerGold CJSC, took part in the Pakistan Mineral Investment Forum in Islamabad. He was part of Azerbaijan’s delegation, led by Economy Minister Mikayil Jabbarov.
During the Forum, Farzaliyev outlined AzerGold’s interest in learning from international experiences and strengthening cooperation with countries like Pakistan.
He stated that the company is assessing international opportunities as part of its broader goal to expand its activities beyond Azerbaijan. This includes exploring partnerships, joint ventures, and knowledge exchange mechanisms in the mining sector.
The Pakistan Minerals Investment Forum served as a pivotal platform for promoting cross-border collaboration in the mining and minerals sector.
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The Pakistan Mineral Investment Forum brought together key stakeholders from government bodies, international companies, and private sector investors to explore Pakistan’s vast and largely untapped mineral wealth.
Discussions focused on attracting foreign investment, deploying advanced mining technologies, and promoting sustainable development within the sector.
The forum emphasized Pakistan’s extensive reserves of copper, gold, coal, and rare earth minerals, positioning the country as an emerging investment hub in the mining industry.
Participants discussed ways to enhance regulatory frameworks, improve ease of doing business, and introduce environmentally responsible mining practices that align with global sustainability standards.
No formal agreements were announced at the forum but both sides acknowledged ongoing discussions and the need for further dialogue and technical assessments.
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AzerGold CJSC
AzerGold CJSC is a state-owned enterprise established in 2015 by the Government of Azerbaijan to oversee the exploration, extraction, and processing of precious and non-ferrous metal ores, particularly gold and silver.
Headquartered in Baku, the company operates several key mining projects across Azerbaijan, including the Chovdar gold mine in the Dashkasan region.
AzerGold’s activities focus on increasing the efficiency of resource utilization, adopting modern mining practices, and ensuring environmental responsibility.
In recent years, the company has also aimed to expand its international engagement through knowledge exchange and exploration of joint ventures.
Areeba Kanwal is a contributor at The Diplomatic Insight and has passion for International Relations and diplomacy.
