The second session of the Joint Working Group on cooperation in the field of trade between Azerbaijan and Pakistan has been held. The Azerbaijani delegation was headed by Rufat Mammadov, Deputy Minister of Economy of the Republic of Azerbaijan. The Pakistani delegation was headed by Secretary Commerce Younus Dagha, says a press statement issued here on Friday.
Both sides exchanged views on current cooperation in different fields for development, underlining the potential to enhance bilateral trade and economic relations. Azerbaijani side gave information on economic reforms being performed in Azerbaijan, especially in non-oil sector and manufacturing of non-oil competitive products, as well as potential of Azerbaijan's export missions and "Made in Azerbaijan" brand. Pakistani side invited Azerbaijan to invest in oil, gas, minerals and petrochemical sectors in Pakistan, being a market of 207 million people.
Both sides agreed to consider having Mutual Recognition Agreement to enhance trade of agricultural commodities, prepare trade promotion plans, enhance customs cooperation and facilitate business visas. The two sides also looked into possibilities of having direct flights between the two countries.
It was also agreed to enhance trade and strengthen bilateral trade relations through exchanging information on laws and regulations pertinent to imports and exports in both countries and encourage visits between business communities as well as the participation in fairs and exhibitions held in both countries.
After technical session of the Joint Working Group, Rufat Mammadov was received by Abdul Razzak Dawood, Advisor to Prime Minister on Commerce, Textiles, Industries and Investment and discussions were held followed by signing of the agreed minutes. The minutes were signed by M Mohammad Younus Dagha and Rufat Mammadov.
The next meeting of the Joint Working Group will be held in Azerbaijan. The Azerbaijan delegation thanked the Ministry of Commerce for the hospitality and spirit of economic cooperation.
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