Islamabad (TDI): Prime Minister Shehbaz Sharif on Tuesday formed a committee to ensure the early realization of the Memorandums of Understanding (MoUs) and deals signed with Azerbaijan during his recent visit to the country.
The prime minister, presiding over a meeting to review the implementation of accords, directed the relevant authorities to present an action plan to take the Pakistan-Azerbaijan current trade volume to $2 billion.
Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar will head the newly-established committee that will prepare deals in the energy and infrastructure sectors, according to a PM Office press note.
The PM also directed to complete all preparations on a priority basis ahead of the expected trip of the President of Azerbaijan Ilham Aliyev to Pakistan in April.
He also instructed the appointment of trade officers in Azerbaijan and other nations with a considerable potential for trade with Pakistan.
Read More: Azerbaijan-Pakistan Business Forum Boosts Economic Ties
PM Shehbaz highlighting the longstanding brotherly ties between Pakistan and Azerbaijan, said that the government was taking priority measures to fully capitalize on the vast trade and investment potential between the two countries.
The participants of the meeting were told that during the joint business forum in Baku during the PM’s visit was participated by 83 Pakistani and 101 Azerbaijani companies.
Read More: Pakistan, Azerbaijan Agree to Boost Trade Turnover
During the visit, 13 MoUs and deals were inked between Pakistan and Azerbaijan to promote bilateral collaboration.
The meeting was attended by Deputy Prime Minister and Foreign Minister Ishaq Dar, Federal Ministers Ahad Khan Cheema, Abdul Aleem Khan, Dr. Musadik Malik, Jam Kamal Khan, Special Assistant Tariq Fatemi, and relevant senior officials.
