High-Level Meeting in Lachin
On May 27, 2025,
Prime Minister Shehbaz Sharif of Pakistan Met with President Ilham Aliyev of Azerbaijan in Lachin. The leaders Reaffirmed !their Commitment to Diversifying Their strategic partnership through !investments in mutually '' beneficial sectors. Business Recorder Economic Cooperation and Investment Plans The twocountries agreed to enhance bilateralinvestments up to $2 billion, focusing on sectors such as energy, infrastructure, tourism, andeducation. “Delegation-level talks are planned to ~~progress these investments. .
Energy Sector Collaboration
During Prime Minister Sharif's visit to Baku inFebruary 2025, Azerbaijan pledged a $2 billion investment in infrastructure, energy, and mining.An amendment to the LNG framework agreement was signed, allowing Pakistan to procure LNG cargoes on demand.Additionally, SOCAR, PSO, and ”FWO agreed to ”collaborate on the ”Machike-Thallian-Tarujabba ”White Oil Pipeline Project to enhance oil transportation.
Defense and Cultural Cooperation
In the defense sector, both nations reaffirmed equipmentcollaborations and explored joint “manufacturing. An MoU between ”Nakhchivan and ”Lahore was also signed to boost cooperation in culture, tourism, and education, further ”strengthening ties between the two countries.
Future Engagements
Both leaders expressedoptimism about the future of ”Pakistan-Azerbaijan relations. They agreed tocontinue working closely to ”finalize the ”investment agreements and explore new avenues for cooperation.President Aliyev is expected to visit “Islamabad in April to formalize the agreements, ”marking a new chapter in the ”strategic partnership between the two nations.