Pakistan, Azerbaijan to encourage businessmen for joint ventures

The two sides agreed to facilitate and encourage businessmen from both sides to undertake joint ventures and value addition projects in order to achieve quick and best results in the said fields as well as enhance the bilateral trade between the two brotherly countries, according to a press release issued here.

The two ministers expressed satisfaction on the bilateral relations that so happily exist between Pakistan and Azerbaijan and discussed ways and means to boost bilateral cooperation.

The finance minister congratulated Mustafayev on hosting a very successful annual meeting of the ADB Governors and wished Azerbaijan all the success in the forthcoming mega event of First Olympic Games in the country.

The finance minister apprised the Azerbaijani minister about the macro- economic measures undertaken by Pakistan, explained the development strategy and "peaceful neighborhood" policy of the government of Pakistan under the leadership of Prime Minister Muhammad Nawaz Sharif.

The two ministers agreed to support each other on the Jammu and Kashmir dispute and the Nogorno Karabakh conflict.

They also emphasized the need to transform excellent bilateral political relations into expansion of bilateral cooperation in economic, trade and investment areas between the two countries.