Azerbaijan president calls for joint ventures with Pakistan to expand strategic partnership

Pakistan's Prime Minister, Shehbaz Sharif (right) in a meeting with President of Azerbaijan Ilham Aliyev during his visit to Azerbaijan on February 24, 2025. (@PakPMO/X/File)
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Updated 24 March 2025
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Azerbaijan president calls for joint ventures with Pakistan to expand strategic partnership

  • PM Sharif visited Baku in February and announced the two nations would sign deals for $2 billion investment in April
  • Multiple agreements for cooperation in trade, energy, tourism, education, other sectors were signed during Sharif’s visit

ISLAMABAD: Azerbaijan President Ilham Aliyev has called for joint ventures with Pakistan in the defense, energy, economy, logistics and transport sectors to expand Baku’s strategic partnership with Islamabad, state media reported on Sunday. 

Aliyev wrote a letter to Prime Minister Shehbaz Sharif on Sunday on the occasion of Pakistan’s 85th Republic Day. 

The letter comes weeks after Sharif visited Baku and announced that the two nations would sign deals in April to boost bilateral investments to $2 billion. Multiple agreements for cooperation in the trade, energy, tourism, education and other sectors were signed during the visit. 

In September last year, Azerbaijan bought JF-17 Block III fighter jets from Pakistan, reportedly in a $1.6bn deal.

During Aliyev’s Pakistan visit last year, a joint committee was set up to materialize projects in trade, commerce, information technology, tourism, telecommunication, mineral resources and other sectors. Sharif said at the time the current trade volume of $100 million did not reflect the “true” trade potential between the two countries.

“In a letter to Prime Minister Shehbaz Sharif, he [Aliyev] expressed his determination to further expand the strategic partnership and mutual cooperation between Pakistan and Azerbaijan,” Radio Pakistan reported. 

“Aliyev emphasized that successful joint efforts in areas such as the economy, transport, logistics, energy, investment, and the defense industry are crucial for strengthening bilateral relations.”

Cash-strapped Pakistan is currently under a $7 billion International Monetary Fund bailout program and navigating a tricky path to recovery. Pakistan is looking to generate revenue through investment deals with friendly nations and regional and international allies, and to focus on export-led growth. 

In 2023, Pakistan set up the Special Investment Facilitation Council (SIFC), a civil-military hybrid body, to fast-track foreign investment deals. 

The country has teetered on the brink of economic crisis for several years and economists and international financial institutions have called for major economic reforms.


US, Pakistan agree to strengthen security and border cooperation

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US, Pakistan agree to strengthen security and border cooperation

  • Pakistan, US have maintained multifaceted ties, encompassing security cooperation, economic engagement and people-to-people ties
  • ‎In August last year, both countries reaffirmed their commitment to combating militancy by boosting capabilities against emerging threats

KARACHI: The United States (US) and Pakistan have agreed to strengthen cooperation on security and border management, the Pakistani interior ministry said on Saturday, with both sides reaffirming commitment to counter terrorism, enhance information-sharing and promote regional stability.

The statement came after a meeting of Pakistani Interior Minister Mohsin Naqvi with a high-level US delegation, led by US Chargé d’Affaires Natalie Baker, that featured in-depth discussions on boosting Pakistan-US relations and expanding cooperation in shared areas of interest.

The two sides discussed training programs for officials of Pakistan’s Federal Investigation Agency (FIA), Federal Constabulary and NCCIA National Cyber Crime Investigation Agency (NCCIA) as well as the establishment of a Center for Transformation Crime and an academy within FIA with US support.

‎“Both sides agreed to enhance collaboration in bilateral security and border management,” the interior ministry said. “It was mutually agreed to further strengthen existing cooperation with the [US] Anti-terrorist Assistance Program and the Bureau of International Narcotics and Law Enforcement Affairs.”

‎Both sides agreed to equip Pakistani border security agencies, coast guards and other institutions with modern US-supplied equipment.

On the occasion, Naqvi said that modern technology would enhance the capacity of Pakistani border security agencies and coast guards, according to the ministry. He welcomed US assistance in the reorganization of the Federal Constabulary and in strengthening the capabilities of FIA and NCCIA.

Pakistan and the US have maintained multifaceted relations for decades, encompassing security cooperation, economic engagement and people-to-people ties. While the partnership has experienced periods of strain, particularly over regional security dynamics in South Asia and Afghanistan, both sides have continued to engage through institutional mechanisms, including military-to-military contacts, counterterrorism cooperation and high-level diplomatic dialogues.

In August last year, both sides reaffirmed their commitment to combating militancy by boosting capabilities against emerging threats, the Pakistani foreign office said, following a Pakistan-US joint counterterrorism dialogue in Islamabad. This month, Pakistan and the US launched the 13th edition of their bilateral joint counterterrorism exercise, Inspired Gambit 2026, to boost interoperability and share counterterrorism expertise, the Pakistani military said.

Naqvi said the US support in activating FIA’s Counter-Terrorism Wing would prove to be “highly beneficial,” while the NCCIA is carrying out an extensive crackdown on illegal call centers across the country.

“Advanced software is vital for preventing financial fraud and terror financing, and US cooperation with NCCIA in this regard is highly significant,” he said.

‎The minister emphasized the need to further expand collaboration with Pakistani institutions, according to the Pakistani interior ministry. The US delegation appreciated Pakistan’s efforts to increase security cooperation and strengthen bilateral ties.

‎“‎The acting US ambassador acknowledged the ongoing collaboration between the Ministry of Interior and US agencies at various levels and reaffirmed that efforts would continue to further enhance partnership with Pakistan,” the ministry added.