Sunday May 22, 2022

Azerbaijan keen in bilateral trade

January 21, 2022

Islamabad : Azerbaijan and Pakistan can help each other in the food industry. He added that Azerbaijan is looking forward to signing an agreement with Pakistan to introduce low custom duties to import rice, wheat and other edible items, said the Ambassador of Azerbaijan Khazar Farhadov.

He stated this while visiting while visiting the Sihala Flour Mill in I-9. Following the visit, the delegation was escorted to the Khattak and Sons IT park where the ambassador was briefed about the growing IT sector in Pakistan, says a press release.

Sardar Yasir Ilyas Khan, former president of Islamabad Chamber of Commerce and Industry (ICCI) invited the Ambassador of Azerbaijan Khazar Farhadov to explore various economic opportunities in Pakistan to enhance bilateral relations.

The former president of ICCI stated that Azerbaijan and Pakistan have completed over 30 years of bilateral relationship and cooperation which extends over a vast sphere ranging from political, economic, technological, security to cultural segments. Azerbaijan envoy agreed while addressing the press and stated that a ‘A strong Pakistan means a strong Azerbaijan.’

Sardar Yasir, CEO of the Centaurus, emphasised upon the imminent need to cooperate in the IT segment as it has a huge potential in terms of business and this year Pakistan aims to export nearly $3 billion from this sector alone. Several local companies at this IT park are already providing services to countries such as the US, UK, Middle East, Iraq, Zambia, Nigeria and Kazakhstan. Many of these IT companies specialize in offering backend services to Amazon, hospitals in the US including gaming and apps development for android and ios platforms etc. The ambassador was also taken to Kahuta triangle to visit various pharmaceutical companies.