• Wednesday, October 18, 2017

Pakistan invites Azerbaijan to join CPEC

Discussion in 'CPEC' started by FalconsForPeace, Aug 1, 2017.

  1. FalconsForPeace

    FalconsForPeace SENIOR MEMBER

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    Pakistan has invited Azerbaijan to join China-Pakistan Economic Corridor (CPEC) due to its strategic location as a transit hub for East-West China Europe Corridor, a part of Chinese bigger regional connectivity Silk Road plan.

    Pakistan gives immense importance to its trade and economic relations with the central Asian states, said a statement on Monday.

    Former prime minister Nawaz Sharif laid emphasis on converting the fraternal relations between the country and central Asian republics (CARs) into strong economic partnership. He directed the ministry of commerce to establish joint working groups on trade, investment and communications with Tajikistan and Azerbaijan for effective engagement on trade and economic issues.

    The inaugural meeting of Pakistan-Tajikistan joint working group on trade, investment and transport was held on 24-25 July 2017 in Dushanbe.

    First Deputy Minister of Economic Development and Trade Saidrahmon Nazrizoda headed the Tajik delegation of the joint working group, while Secretary Younus Dagha of ministry of commerce led the Pakistani delegation.

    The two sides agreed to initiate the process of customs cooperation between the two countries and to intensify engagement towards increasing bilateral trade. They agreed to make efforts to deepen and further expand trade and economic relations by harmonisation of standards, visa facilitation to business men and promotion of joint ventures in textile, food processing and pharmaceutical sectors.

    Secretary Dagha also held meetings with minister of economic development and trade, chairman of the state committee on investment, minister of transport and chairman of Tajikistan Chamber of Commerce and Industry during the visit.

    Matters relating to Afghanistan-Pakistan-Tajikistan transit trade agreement, regional connectivity and quadrilateral agreement on traffic in transit also came under the discussion.

    The inaugural meeting of Pakistan-Azerbaijan joint working group on trade was held on 27-28 July 2017 in Baku. Deputy Minister of Economy Sahil Babayev led the Azeri delegation, while Dagha led the Pakistani side.

    The meeting participants discussed the issues related to preferential tariffs and customs and trade cooperation between the two countries and agreed to explore avenues to boost bilateral trade.

    Secretary Dagha also held meeting with minister of taxation and discussed possibilities of trade cooperation.

    A memorandum of understanding between Trade Development Authority of Pakistan and the Azerbaijan Export and Investment Promotion Foundation was also signed during the visit to enhance trade and economic cooperation and to facilitate businessmen of both the countries.

    https://www.thenews.com.pk/print/220314-Pakistan-invites-Azerbaijan-to-join-CPEC
     
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  2. Narcissist

    Narcissist FULL MEMBER

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    OHH FIT!!! FIT YAAR!!!

    Azhar Bhai Jaan is invited.
     
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  3. Oscar

    Oscar RETIRED MOD

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    So exactly how will Azerbaijan benefit without a credible link to CPEC? unless a ship from Baku drops something which goes into Turkmenistan, then Uzbekistan, then tajikistan, then into China and finally it will "use" CPEC...
    This is a gesture and pretty much a frivolous one unless the road belt is extended all the way to Turkmenistan.
     
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  4. Azeri440

    Azeri440 SENIOR MEMBER

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    China to Pakistan to Iran to Azerbaijan and from there to Russia and Europe.

    Azerbaijan has gave more than half a billion worth of loans to Iran to complete railway connection to Azerbaijan, some cargo will also be shipped across Caspian to Baku Port, that connection is not included in this map. Azerbaijan also just recently completed construction of Baku - Tbilisi - Kars, so cargo can head towards Europe on rail without interruption.

    [​IMG]

    Future Baku Port

    [​IMG]

    Baku - Tbilisi - Kars

    [​IMG]
     
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  5. salnamnaseem07

    salnamnaseem07 FULL MEMBER

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    If they come to join
    Pakistan has access to Europe
     
  6. Farhan Malik

    Farhan Malik BANNED

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    good step