Pakistan's Premier Multilingual News Agency

PM suggests tripartite framework to boost trade

Beijing, 3 July 2024, (GNP): Prime Minister Muhammad Shehbaz Sharif suggested creating tripartite institutional frameworks, especially focused on economic and investment sectors, to enhance the trilateral economic and commercial cooperation between Pakistan, Turkey, and Azerbaijan.

During the inaugural session of the Pakistan-Turkey-Azerbaijan Trilateral Summit held alongside the Shanghai Cooperation Organization (SCO) Summit, Prime Minister Muhammad Shehbaz Sharif highlighted Pakistan’s enduring commitment to its fraternal relationships with Azerbaijan and Turkey.

These bonds are rooted in centuries of shared cultural heritage, historical ties, and mutual respect, underpinning a robust framework for cooperation across various sectors. He emphasized the importance of leveraging these deep-rooted connections to strengthen economic partnerships and collaborative efforts on regional and global issues of common interest.

The summit convened with the participation of Prime Minister Muhammad Shehbaz Sharif, President Recep Tayyip Erdogan of Turkey, and President Ilham Heydar Aliyev of Azerbaijan, marking a historic moment in trilateral diplomacy among these esteemed leaders.

In a statement released by the PM Office Media Wing, Prime Minister Shehbaz Sharif welcomed the inaugural session of the Pakistan-Turkey-Azerbaijan Trilateral Meeting at the summit level as a natural progression of their longstanding brotherly relations.

He emphasized the shared cultural, historical, and religious bonds that unite Pakistan, Turkey, and Azerbaijan, highlighting their collective commitment to addressing common challenges and promoting mutual prosperity.

The summit underscored their determination to enhance economic cooperation, foster regional stability, and collaborate closely on global issues of significance to the Muslim world and beyond.

While acknowledging the excellent trilateral cooperation in political, parliamentary, and defense domains since the First Trilateral Meeting of Foreign Ministers held in Baku in 2017, Prime Minister Muhammad Shehbaz Sharif reaffirmed Pakistan’s commitment to further enhancing collaboration with Turkey and Azerbaijan.

He expressed a strong desire to elevate this trilateral cooperation into a robust partnership spanning economic, energy, tourism, cultural, educational, technology, innovation, healthcare, and environmental sectors.

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Highlighting the deep-rooted friendship and extensive people-to-people exchanges among the three nations, the Prime Minister emphasized significant potential for cooperation in cultural exchanges, tourism development, academic collaborations, as well as advancements in science and technology.

Previously, Pakistan, Turkey, and Azerbaijan have conducted trilateral consultations involving foreign ministers, parliamentary speakers, and defense officials, underscoring their ongoing commitment to strengthening ties across various levels and domains.