Pakistan, Turkey, Azerbaijan signal joint declaration to enhance commerce and connectivity

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Pakistan Overseas Minister Shah Mahmood Qureshi, Turkish Overseas Minister Mevlut Cavusoglu and Azerbaijan’s Overseas Minister Jeyhun Bayramov signed a joint declaration to enhance commerce and connectivity among the many three international locations.
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Islamabad: Overseas ministers of Pakistan, Turkey and Azerbaijan signed a joint declaration to enhance financial partnership and mobilize investments to reinforce regional connectivity through rail, highway and air hyperlinks. The joint communiqué known as the ‘Islamabad Declaration’ was endorsed after the second trilateral assembly of the three international ministers in Islamabad on January 13.

Through the assembly, Pakistan Overseas Minister Shah Mahmood Qureshi, Turkish Overseas Minister Mevlut Cavusoglu and Azerbaijan’s Overseas Minister Jeyhun Bayramov, agreed to bolster collaboration among the many three international locations in the direction of the promotion of peace, stability and improvement of their respective areas to realize the shared aim of prosperity and safety.

The three international locations have determined to deepen cooperation in areas of mutual curiosity together with political, strategic, commerce, financial, peace and safety, science and expertise. The international ministers of Azerbaijan and Turkey are on an official two-day go to (January 13-14) to the nation to bolster ties.

Commerce and connectivity

The Islamabad Declaration requires enhanced “cooperation on regional connectivity in transport, commerce, vitality, people-to-people contacts”, training, social and cultural exchanges, tourism, and ICT, by enhancing air, rail and highway hyperlinks and regional connectivity initiatives.

The three international locations agreed to accentuate efforts to improve trilateral commerce and funding by providing new incentives to the enterprise group, eradicating commerce boundaries and growing connections among the many banking sectors.

The three international locations renewed resolve to fight all varieties and manifestations of terrorism, transnational organized crime, medicine and human trafficking, cash laundering, and cybercrimes.

Additionally they introduced to provoke joint efforts to fight frequent challenges and threats confronting their international locations international sponsored acts of terrorism, cyber-attacks, hybrid warfare, focused disinformation campaigns, and escalating developments of Islamophobia affecting Muslim communities in lots of international locations.

Bilateral commerce

Through the joint press convention, Turkish Overseas Minister Mevlut Cavusoglu inspired funding by Turkish firms in Pakistan to spice up bilateral commerce from the present $800m.

In his talks with the Pakistan’s Prime Minister Imran Khan and the international minister, the main focus was on strengthening 71-point Excessive-Stage Strategic Cooperation Council and immediate implementation of Strategic Financial Framework (SEF) to extend bilateral commerce as much as its true potential in addition to collaboration within the protection trade.

Azerbaijan’s Overseas Minister Jeyhun Bayramov invited Pakistani firms to take part within the reconstruction of the newly liberated land from Armenian occupation. “We had been proud to have your help when these land had been occupied, we shall be glad to have your cooperation to carry these lands again to life” he said.

Pakistan and Azerbaijan officers agreed to construct “a stronger financial relationship” and improve partnership within the fields of safety, commerce, vitality, connectivity, training and cultural arenas.

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