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Govt won’t back step from reforms, says Aurangzeb
Court issues non-bailable arrest warrant for slain Mustafa Amir in narcotics case
PM Shehbaz inspects guard of honour at Azerbaijan presidency
IMF delegation reaches Pakistan for climate financing talks
Zelenskiy says he is willing to quit presidency if it means peace in Ukraine
India outclass Pakistan in one-sided Champions Trophy clash
Seven khwarij killed in two KP IBOs: ISPR
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Govt won’t back step from reforms, says Aurangzeb
Court issues non-bailable arrest warrant for slain Mustafa Amir in narcotics case
PM Shehbaz inspects guard of honour at Azerbaijan presidency
IMF delegation reaches Pakistan for climate financing talks
Zelenskiy says he is willing to quit presidency if it means peace in Ukraine
India outclass Pakistan in one-sided Champions Trophy clash
Seven khwarij killed in two KP IBOs: ISPR
Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY
Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP
ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
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NewsTranscript
00:00For the people of Pakistan, I always try to match his commitment, but of course he is
00:14ahead of me in this field and that is the foundation of this wonderful and beautiful
00:24relationship.
00:26Today, we have achieved another milestone.
00:34We had a wonderful one-on-one meeting today and then a delegation level meeting, we discussed
00:43everything under the sun, well there is no sun under the roof.
00:48And of course, agreed on a very clear cut way forward and I am very happy, happy to
01:02disclose this in this August assembly of prominent brothers and sisters from both Pakistan and
01:11Azerbaijan that we are going to enhance our bilateral trade which is just $14 million
01:24and hardly, hardly reflects the strength of our relationship to $2 billion as soon as
01:35we can.
01:37And this is not just a rhetoric.
01:40I can mention here that vast amounts of rice from Pakistan, its export, import duty has
01:51been very generously exempted by my dear brother and this is how we can really move forward.
02:00Certain items from Azerbaijan, Minister of Commerce sitting here and Deputy Prime Minister
02:06from Pakistan, we must focus on those areas where we can lower these tariffs so that our
02:16import and export can really enhance and increase.
02:20Of course, LNG is another trading commodity which can be added into our trading pool.
02:33I won't discuss defence equipment.
02:37Of course, JF-17 jet fighters is another high-ticket item which Pakistan and Azerbaijan are very
02:48actively pursuing.
02:51And I can say without any fear of contradiction, ladies and gentlemen, my dear brothers and
02:57sisters, that if we really put our act together, we can achieve $2 billion worth trade between
03:06our two great countries.
03:10Next and which is a very good news which has just been disclosed, once again told by my
03:18dear brother, President Ilham Aliyev, that we've agreed today that this $2 billion investment
03:29announcement which he very kindly made during his last visit to Pakistan, his second home,
03:39and my second home, Azerbaijan, we have today agreed that a lot of work has been done by
03:47both the teams.
03:49Great work and I really commend their hard efforts and deeply appreciate.
03:54But whatever small little gaps are there, we have fixed one month to crystallise everything
04:04and in April, I will be, and we will be rather, receiving our brother in Islamabad again to
04:12sign these agreements for $2 billion investment in Pakistan.
04:25For this, I must say, my brother, I am extremely, deeply appreciate your gesture and of course
04:33this is going to be a mutually beneficial arrangement.
04:37Both countries will benefit but to make this commitment is a great gesture and we must
04:45remember this wonderful contribution from your side and we will remember for all times
04:52to come.
04:53I must thank Azerbaijan's team, wonderful team sitting here and great Pakistani team
04:59sitting here and I think this is how the waters of Arabian Sea is meeting with waters
05:09of Caspian Sea.
05:10This love and affection, this vigour, this enormous energy and synergy is going to really
05:19transform our great fraternal relations into unprecedented trade and investment portfolios
05:31and commitments.
05:34One thing which, Excellency, you have mentioned and mentioned rightly so is the lack of information
05:44between the two business communities.
05:50What Azerbaijan has to offer to Pakistan in real terms and what Pakistan has to offer
05:58to our Azerbaijani business community, tariffs, our strength in agriculture, industry, IT
06:11and so on and so forth.
06:13So today I want to announce with your permission that we will constitute a permanent information
06:21bureau, comprising of both the countries, which will have the most modern gadgetries
06:27equipped with IT and of course also AI and relaying real-time information in both ways
06:39and this will be extremely helpful.
06:41I think this mechanism should be put in place from our side, Jam Kamal Sahib and of course
06:48our other honourable members of the team and of course whosoever you, my brother, appoint
06:54from your team and this team should then work out a very robust mechanism so that we can
07:01– this alone, this alone will step up our efforts in a very big way.
07:08Certainly our defence cooperation is there already from ages, but I think now is the
07:19time to look into, discuss and decide to have joint defence manufacturing facility shared
07:33between Pakistan and Azerbaijan and I think when this delegation will be visiting Pakistan
07:41in April, I think this will be one of the main items of agenda for discussion over there
07:49and when you would be visiting Pakistan, my brother, we can also anchor this part of our
07:57vision into reality in April, Inshallah, this year.
08:05And then of course, north-south corridor, unless we have efficient, reliable and cost-effective
08:16transportation system, connectivity, I don't think we will be able to achieve our targets
08:27in time to come and I think for that, we had very good discussion today during our bilateral
08:36meeting discussion and we will be fully supporting your vision in this behalf and I can assure
08:44you that Gwadar port can play a very pivotal role for promoting our trade inward and outward
08:55and I think let us focus on this and I think this will be a game changer and I want to
09:02assure you, my dear brother, that I will work very closely with you on this very important
09:09project.
09:10I am very happy to announce that Azerbaijan Chamber of Commerce has been established in
09:20Islamabad and its offshoots in Lahore and Gujranwala, which will really facilitate our
09:29bilateral trade and I think this is what we should also be doing, having Pakistan Chamber
09:37of Commerce here in Baku and its satellites in other important cities here in Azerbaijan
09:47so that these chambers can really, in real time, collect information, exchange this information
09:56and pass it on to potential traders and investors, which will be very, very helpful.
10:03I will not take more time, my dear brother, once again, I would like to thank you very
10:11much for your great commitment towards our friendship between the two countries and I
10:20want to say this in all humility, but with total certainty at my command, that I will
10:32try to match your fervor, your commitment to really strengthen these relations in times
10:39to come, trilateral, you know, understanding between Azerbaijan, Turkey and Pakistan should
10:48be quadrupled and we will be talking on this subject in times to come, inshallah.
10:56I think there is enormous opportunities on both sides and the only thing is, you know,
11:05to put into action the will to do.
11:08Thank you very much, Azerbaijani-Pakistani friendship, dosti, zindabad.
11:27Thank you very much, my dear brother.
11:29We have a small presentation, just for some 10-15 minutes maximum.
11:37When I was visiting the Brazilian country last summer, we discussed how Azerbaijan can
11:44participate in the plans of Mr. Prime Minister to modernize and to restore some historical
11:51sites in Pakistan.
11:53So since that time, our team was working on that and prepared in agreement with the Pakistani
12:00side the vision for that and I think it will be interesting for everyone just to see what
12:08is being offered and that also will be a small part, but important part of our Brazilian
12:15relations.
12:16My, you know, sub would not be complete, it will remain incomplete if I did not mention
12:24the experts team which my brother sent to Islamabad.
12:30Islamabad, as you all know, is a beautiful city, you know, sitting on the foot of the
12:36mountains, but he has sent great experts who are doing a wonderful job in improving our
12:45landscape, you know, landscaping, hard and soft and greenery.
12:51Thank you very much and I think this will add to the beauty of Islamabad.
12:58I don't think it will match the beauty of Baku, but with your team, it will start competing.
13:04Thank you very much.