PM Sharif discusses trade, investment and regional ties with ECO leaders on summit sidelines

Prime Minister Shehbaz Sharif (right) addresses the 17th Economic Cooperation Organization (ECO) summit in Khankendi, Azerbaijan, on July 4, 2025. (PID)
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Updated 04 July 2025
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PM Sharif discusses trade, investment and regional ties with ECO leaders on summit sidelines

  • The Pakistani prime minister meets the presidents of Türkiye, Iran, Azerbaijan and Uzbekistan
  • Sharif reaffirms his administration’s resolve to further strengthen relations with these countries

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday held a series of meetings with the presidents of Türkiye, Iran, Azerbaijan and Uzbekistan on the sidelines of the 17th Economic Cooperation Organization (ECO) summit in Khankendi, Azerbaijan, reaffirming Pakistan’s commitment to regional peace, connectivity and enhanced bilateral trade and investment.

The two-day summit, held from July 3-4, focused on promoting economic cooperation, sustainable development and regional integration among ECO member states.

Sharif led Pakistan’s delegation, using the opportunity to deepen bilateral and multilateral ties with key regional partners.

In his meeting with Turkish President Recep Tayyip Erdoğan, the two leaders reviewed the full spectrum of bilateral relations and vowed to accelerate progress in critical areas.

“The two leaders reiterated their resolve to bring about meaningful progress in relations... [emphasizing] the importance of deepening cooperation in trade, defense, energy, connectivity and investment,” a statement from the Prime Minister’s Office (PMO) said.

To advance this agenda, both sides agreed to exchange high-level delegations to finalize understandings reached between the sides.

Sharif reaffirmed Pakistan’s “unwavering commitment” to working closely with Türkiye to promote peace, stability and sustainable development in the region.

In another key engagement, the Pakistani prime minister met Iranian President Dr. Masoud Pezeshkian, with both leaders reviewing the implementation of previous agreements to strengthen bilateral ties.

Sharif praised Iran’s leadership during the recent conflict with Israel and welcomed Tehran’s decision to agree to a ceasefire.

“The Prime Minister reaffirmed Pakistan’s unwavering solidarity with the people and Government of Iran and Pakistan’s strong commitment to continue working closely with Iran for peace in the region through dialogue and diplomacy,” said another PMO statement.

In turn, President Pezeshkian thanked Pakistan for its diplomatic support during the crisis and acknowledged its role in efforts to de-escalate tensions.

The prime minister also held talks with Azerbaijan’s President Ilham Aliyev, in what was their third bilateral meeting this year. The two leaders agreed to further strengthen their economic partnership, especially by accelerating Azerbaijan’s investments in Pakistan.

“The two leaders agreed to enhance their cooperation in the fields of trade and investment while expressing satisfaction over the progress made regarding the investment prospects,” the PMO said.

Sharif invited President Aliyev to visit Pakistan, noting that recent exchanges had significantly strengthened bilateral ties.

The Azerbaijan leader had previously announced a $2 billion investment package for Pakistan during a visit to Islamabad in 2024, and the two countries have also deepened defense cooperation, including Islamabad’s sale of JF-17 fighter jets to Baku.

In his meeting with Uzbek President Shavkat Mirziyoyev, Sharif focused on regional integration, energy cooperation and the Trans-Afghan Railway Project, which is seen as vital for unlocking trade corridors between Central and South Asia.

“The two leaders agreed on visits of their senior ministers to Tashkent and Islamabad to finalize necessary agreements,” the PMO said, adding that the two sides viewed their cultural and historical ties as a strong foundation for broader collaboration.


Pakistan, Muslim countries reject Israel’s plan to expel Palestinians from Gaza

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Pakistan, Muslim countries reject Israel’s plan to expel Palestinians from Gaza

  • Israel has announced plans to open the Rafah crossing with Egypt for Gaza residents fleeing the enclave
  • Muslim nations seek implementation of Trump’s peace plan, establishment of independent Palestinian state

ISLAMABAD: Pakistan, together with seven other Arab and Muslim countries, on Friday rejected Israel’s attempt to expel Palestinians by opening the Rafah border crossing with Egypt solely for fleeing Gaza residents, and called for adherence to the peace plan proposed by US President Donald Trump’s administration.

Trump’s Gaza plan calls on Israel to allow humanitarian aid into the territory and keep the Rafah crossing open from both sides.

However, Israel has continued to restrict aid flows, and its military said on Wednesday the crossing would open in the coming days “exclusively for the exit of residents from the Gaza Strip to Egypt.”

“The Foreign Ministers of the Islamic Republic of Pakistan, the Arab Republic of Egypt, the Hashemite Kingdom of Jordan, the United Arab Emirates, the Republic of Indonesia, the Republic of Türkiye, the Kingdom of Saudi Arabia, and the State of Qatar express their deep concern regarding the Israeli statements concerning the opening of the Rafah Crossing in one direction, with the aim of transferring residents of the Gaza Strip into the Arab Republic of Egypt,” said the joint statement circulated in Pakistan by the foreign office.

“The Ministers underscore their absolute rejection of any attempts to expel the Palestinian people from their land and stress the necessity of the full adherence to the plan proposed by US President Donald Trump, including its provisions on keeping the Rafah Crossing open in both directions, ensuring the freedom of movement for the population, and refraining from compelling any resident of the Gaza Strip to leave,” it continued.

The statement appreciated the US president’s commitment to establishing peace in the region and emphasized the importance of implementing his plan “without delay or obstruction” to help consolidate regional stability.

“The Ministers underscore the need to fully sustain the ceasefire, alleviate civilian suffering, ensure the unrestricted entry of humanitarian assistance into the Gaza Strip, initiate early recovery and reconstruction efforts, and create the conditions necessary for the Palestinian Authority to resume its responsibilities in the Gaza Strip,” the statement added.

They reaffirmed their countries’ readiness to work with the United States and all concerned regional and international actors to achieve “a just, comprehensive, and sustainable peace in accordance with international legitimacy and the two-state solution,” including the establishment of an independent Palestinian state on the pre-1967 lines with East Jerusalem as its capital.

Pakistan’s foreign office circulated the statement after Deputy Prime Minister Ishaq Dar held a telephone conversation with Saudi Foreign Minister Prince Faisal bin Farhan to discuss regional developments, particularly Gaza.

Dar condemned Israel’s plan to partially reopen the Rafah crossing only for fleeing Gaza residents, calling it a “clear violation” of the region’s peace plan.