{"id":240898,"date":"2022-01-27T08:21:23","date_gmt":"2022-01-27T03:21:23","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=240898"},"modified":"2022-01-27T08:21:23","modified_gmt":"2022-01-27T03:21:23","slug":"envoy-urges-pakistani-businessmen-to-invest-in-azerbaijans-afez","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/envoy-urges-pakistani-businessmen-to-invest-in-azerbaijans-afez\/","title":{"rendered":"Envoy urges Pakistani businessmen to invest in Azerbaijan\u2019s AFEZ"},"content":{"rendered":"<p> KARACHI<br \/>\nStressing the need for taking the bilateral trade to new height, Ambassador of Azerbaijan Khazar Farhadov has invited the business and industrial community of Karachi to explore possibility of investing in the Alat Free Economic Zone (AFEZ).<br \/>\nHe expresses these views at a meeting during his visit to the Karachi Chamber of Commerce &#038; Industry (KCCI) on Wednesday.<br \/>\nThe envoy added that Pakistani investors by setting up their business units in Azerbaijan will experience a business-friendly environment due to reduced red tape and ongoing reforms in the macroeconomic environment, human capital &#038; labour market, infrastructure and utilities, investor protection, foreign trade facilitation and technology and innovations.<br \/>\nThe ambassador further pointed out that a total of 2137 Pakistani companies were registered in Azerbaijan covering key sectors including industry, trade, services, construction, transport and telecommunication while the overall investment by Pakistani companies in Azerbaijan stood at US$4.2 million during the period from 1995-2021.<br \/>\nHighlighting the business opportunities between the two countries, he said that Pakistani businessmen can export clothes and other textile products, optic and medical equipment, pharmaceutical products, rice, mangoes, bananas and other tropical fruits while Azerbaijan can export cotton &#038; cotton yarn, polymers of ethylene or propylene, black fermented tea, tomatoes, hazzle nuts, strawberries, berries, vegetables, fruit juices, sauces etc.<br \/>\nSpeaking on the occasion, the KCCI president stated that during 2020, Pakistan\u2019s exports to Azerbaijan stood at $11.63 million and imports totalled $1.66 million which were quite meagre and much below the true potential.<br \/>\n\u201cIt is essential that the two countries must get engaged in an exchange of delegations at the governmental and the private sector level for promotion of bilateral trade and strengthening the economic cooperation and partnership\u201d, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI Stressing the need for taking the bilateral trade to new height, Ambassador of Azerbaijan Khazar Farhadov has invited the business and industrial community of Karachi to explore possibility of investing in the Alat Free Economic Zone (AFEZ). He expresses these views at a meeting during his visit to the Karachi Chamber of Commerce &#038; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-240898","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Envoy urges Pakistani businessmen to invest in Azerbaijan\u2019s AFEZ<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/envoy-urges-pakistani-businessmen-to-invest-in-azerbaijans-afez\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Envoy urges Pakistani businessmen to invest in Azerbaijan\u2019s AFEZ\" \/>\n<meta property=\"og:description\" content=\"KARACHI Stressing the need for taking the bilateral trade to new height, Ambassador of Azerbaijan Khazar Farhadov has invited the business and industrial community of Karachi to explore possibility of investing in the Alat Free Economic Zone (AFEZ). He expresses these views at a meeting during his visit to the Karachi Chamber of Commerce &#038; [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/envoy-urges-pakistani-businessmen-to-invest-in-azerbaijans-afez\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-27T03:21:23+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script 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