Pakistan and Azerbaijan are negotiating to enhance investment up to two billion dollars in mutually beneficial projects under the banner of Special Investment Facilitation Council (SIFC).
According to details, both the countries are expected to sign agreements for investments in energy, infrastructure and privatization.
Pakistan and Azerbaijan are also holding talks to boost trade and connectivity to Central Asian states as Azerbaijan is keen to invest in Pakistan's motorway and other infrastructure projects.
The two countries are holding discussions on common energy, renewable energy and energy saving projects. Azerbaijan has shown interest in Pakistan's privatization program, while the Islamabad government has also made pledge in this regard.
The surge in economic relations between Pakistan and Azerbaijan with the cooperation of Special Investment Facilitation Council is welcoming.