The agreements on transit and preferential trade between Azerbaijan and Pakistan signed in July this year will give a new impetus to the development of trade partnership between the two countries, Pakistani Federal Minister of Commerce Jawad Paul said at the Azerbaijan-Pakistan Business Forum in Baku, Report informs.

“I believe that these agreements are a significant moment in the history of our cooperation, they will give an additional impetus to the development of trade partnership between our brotherly countries. The agreements will make markets more accessible to exporters, importers, carriers and investors. Not only our countries, but the region as a whole will benefit from this,” Paul said.

He noted that Azerbaijan and Pakistan have significant potential for further development of trade.

Today’s forum is an important initiative designed to bring together entrepreneurs from various sectors on both sides, he stressed.