On February 24, an official welcome ceremony was held for Muhammad Shehbaz Sharif, Prime Minister of Pakistan, who arrived in Azerbaijan for a state visit. On the same day, Azerbaijani President Ilham Aliyev held both one-on-one and expanded meetings with Prime Minister Sharif, focusing on strengthening bilateral relations, enhancing economic cooperation, and exploring defense collaboration opportunities.

Aliyev reaffirmed Azerbaijan’s commitment to boosting economic ties by investing up to $2 billion in Pakistan’s economy. He recalled his visit to Pakistan last summer when the investment plan was first announced and noted that Azerbaijani representatives were currently evaluating specific projects proposed by the Pakistani side.

A major topic of discussion was defense cooperation. Aliyev expressed satisfaction with the quality of defense equipment acquired from Pakistan and suggested exploring joint manufacturing opportunities to expand both countries' export capacities.

Sharif described Azerbaijan’s planned $2 billion investment as a "quantum leap" in trade and investment relations. He announced a one-month deadline to finalize all arrangements and expressed optimism about welcoming President Aliyev to Islamabad in April to sign the agreements.

The visit also featured the signing of several key Memorandums of Understanding (MoUs), covering areas such as energy, trade, and cultural cooperation.

At a joint press conference, both leaders emphasized the alignment of their views on international developments and reiterated the need to increase bilateral trade, which they described as insufficient given the potential of both economies.