Ilham Aliyev, president of Azerbaijan, declared an approximate of a $2 billion investment package during a trilateral summit held with leaders from Turkey and Pakistan. The summit is highly proven to open a new chapter in regional cooperation focused on economic growth, infrastructure development, and strategic alignment.
Speaking at the summit, President Aliyev unveiled that the three countries are currently reviewing investment projects worth $2 billion, with Pakistan considered to be the major beneficiary. While exact project details are still being finalized, the investments are likely to target key sectors such as:
- Infrastructure development
- Energy projects
- Technology transfer and digital growth
Main aim is to promote regional security
Beyond economic ties, the summit also emphasized the requirement for deeper defence cooperation among the three nations. President Aliyev highlighted that joint defense initiatives between Pakistan, Turkey, and Azerbaijan are not just proven to be symbolic but extremely vital for maintaining regional stability and shared security interests.
The summit reflected the growing synergy among the three Muslim-majority countries, with all sides signaling a long-term commitment to mutual development and diplomatic support.
Read more: Azerbaijan offers big investment in two major motorways of Pakistan
Strong and continued support from Turkey
Turkish President Recep Tayyip Erdogan echoed the sentiments of his Azerbaijani counterpart, reaffirming his nation’s dedication to strengthening ties with both Azerbaijan and Pakistan.
Erdogan also said his country’s incessant support for Azerbaijan’s post-war reconstruction efforts, after the recent conflict in Nagorno-Karabakh.
Erdogan Tayyip seemed to be condemning the heightening humanitarian crisis happening in Gaza, and this show how turkey is showing solidarity with the Palestinian masses during these tough times.
Role of Pakistan and what is its reactions
Senior Pakistani officials were present in the summit and welcomed the investment pledge, though Pakistan has yet to officially ratify the financial details.
However, insiders must need to suggest that negotiations are well underway, and a series of memoranda of understanding and joint declarations are anticipated in the upcoming weeks.
The $2 billion pledge is highlighting a renewed wave of regional collaboration—one that could bring much-required economic uplift to Pakistan while reinforcing diplomatic and strategic unity among the three nations.