ISLAMABAD – Pakistan has extended an invitation to Azerbaijan to explore investment opportunities in its carbon trading sector, aiming to boost bilateral cooperation in environmental and economic development.
During a meeting with Azerbaijan’s Ambassador Khazar Farhadov, Climate Change Minister Musadik Malik highlighted Pakistan’s potential in carbon offset projects, particularly in forestry and renewable energy. He emphasized that green investments could yield high returns, encouraging Azerbaijani stakeholders to participate in solar energy, green industrial growth, and joint ventures.
Ambassador Farhadov expressed strong interest in Pakistan’s sustainable investment market, stressing the importance of business-to-business engagement to enhance bilateral ties. He also noted that Azerbaijan has become a top travel destination for Pakistanis, with 250,000 visitors in 2023, reflecting growing cultural and economic connections.
Both sides reaffirmed their commitment to expanding cooperation across environmental, economic, and diplomatic fronts, positioning Pakistan as an emerging hub for sustainable development.
