Pak­istani com­pa­nies ea­ger to cooperate in FTZ

Azer News - - Nation - By Sara Is­rafil­bay­ova

Pak­istani com­pa­nies ex­press in­ter­est in co­op­er­a­tion in the Free Trade Zone es­tab­lished on the ter­ri­tory of the Baku In­ter­na­tional Sea Trade Port.

Pak­istani Am­bas­sador to Azer­bai­jan Saeed Khan Mohmand made the re­marks dur­ing the meet­ing with Econ­omy Min­is­ter Shahin Mustafayev.

The Am­bas­sador stressed that Azer­bai­jan is im­por­tant for Pak­istan and noted that Pak­istan fully sup­ports the fair po­si­tion of Azer­bai­jan on the Ar­me­nian-Azer­bai­jani Nagorno-Karabakh con­flict, and the Pak­istani Se­nate of­fi­cially rec­og­nized the Kho­jaly mas­sacre.

Said Khan Mohmand noted that the num­ber of tourists ar­riv­ing from Pak­istan to Azer­bai­jan is grow­ing from year to year. The Am­bas­sador pos­i­tively as­sessed the ac­tions taken by Azer­bai­jan to sim­plify the visa regime.

He stressed that the es­tab­lish­ment of di­rect trans­port links be­tween Baku and Islamabad is im­por­tant for Pak­istan and noted that one Pak­istani com­pany is in­ter­ested in open­ing di­rect flights.

Shahin Mustafayev, in turn, noted that Pak­istan is one of the first coun­tries that rec­og­nized the state in­de­pen­dence of Azer­bai­jan.

It was also noted that in 2015 a joint dec­la­ra­tion on strate­gic part­ner­ship was signed be­tween the two coun­tries.

The meet­ing also noted the ac­tiv­i­ties of the joint Azer­bai­jan-Pak­istan in­ter­gov­ern­men­tal com­mis­sion, as well as the work­ing group on co­op­er­a­tion in the field of trade be­tween Azer­bai­jan and Pak­istan.

In Novem­ber 2017, the Pak­istani Cham­ber of Com­merce and In­dus­try in the city of Karachi an­nounced the de­sire of en­trepreneurs to make a con­tri­bu­tion into a Free Trade Zone in the Azer­bai­jani vil­lage of Alyat. The main at­ten­tion will be paid to the devel­op­ment of the phar­ma­ceu­ti­cal field.

Since late 2017, Pak­istan has been ne­go­ti­at­ing with Azer­bai­jan not­ing the im­por­tance of the "NorthSouth" trans­port cor­ri­dor for fu­ture. This cor­ri­dor can be­come a link in the rail­way trans­port of Azer­bai­jan, Iran and the Rus­sian Fed­er­a­tion.

The an­nual trade be­tween Azer­bai­jan and Pak­istan is ap­prox­i­mately $10 mil­lion.

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