Azerbaijan to Invest $2 Billion in Pakistan

Azerbaijan’s President Ilham Aliyev on Wednesday announced a $2 billion investment package for Pakistan during a trilateral summit with Turkey and Pakistan. Aliyev said the three countries are currently reviewing investment projects totaling $2 billion, with Pakistan expected to receive a major share. Discussions are underway to finalize projects in infrastructure, energy, and technology. Aliyev emphasized that joint defence initiatives among Pakistan, Turkey, and Azerbaijan are essential for regional stability and mutual security. Turkish President Recep Tayyip Erdogan reaffirmed support for strategic ties with both countries. He also supported Azerbaijan’s post-war reconstruction and condemned the humanitarian crisis in Gaza (Palestine). The summit was attended by Erdogan and senior Pakistani officials. Multiple memoranda of understanding and joint declarations are expected in the coming weeks. Pakistan has not yet officially confirmed the investment details. However, sources indicated that negotiations are in progress.