LAHORE – A high-level Azerbaijani delegation, representing sectors like livestock and pharmaceuticals, met with Punjab’s Provincial Minister for Industries and Commerce, Chaudhry Shafay Hussain, to explore avenues for boosting trade and investment between Pakistan and Azerbaijan.
During the meeting, Minister Hussain highlighted Punjab’s investor-friendly environment and shared details about ongoing initiatives. A key development was the agreement between the Punjab Agriculture and Meat Company (PAMCO) and an Azeri firm to revive a closed meat processing plant. Under this deal, the Azeri company will operate the plant, pay monthly rent to the Punjab government, and receive full operational support from PAMCO. This initiative is expected to enhance meat exports significantly.
The discussions also touched on expanding cooperation in the refinery and tourism sectors. Minister Hussain emphasized the potential for increasing exports of goods required by Russia, urging the Azerbaijani delegation to provide a list of needed items for streamlined trade facilitation.
The head of the Azerbaijani delegation, Mr. Babek, expressed keen interest in strengthening trade ties and announced plans for a $2 billion investment in Pakistan. The meeting also saw participation from Punjab Board of Investment Director Dr. Imran Hashmi, further underscoring the commitment to fostering bilateral economic collaboration.
