Representatives from the Baku Stock Exchange (BSE) are on an official business visit to Pakistan from 10 to 14 November 2025 to foster bilateral cooperation, unlock investment opportunities, and strengthen strategic partnerships between the financial ecosystems of both countries.

The Baku delegation includes representatives from the Baku Stock Exchange, Azerbaijan Stock Market Participants Association, ABB-Invest Investment Company, and the Pakistan-Azerbaijan Chamber of Commerce. The visit aims to deepen collaboration between capital market institutions and regulatory bodies of Azerbaijan and Pakistan. Key discussion areas include Pakistan’s structured approach to identifying and preparing IPO candidates, the development of mutual funds and REITs, and regional capital market connectivity.

As part of the visit, the delegation participated in the International Capital Market Conference & Expo 2025 held in Karachi, organized by the Securities and Exchange Commission of Pakistan (SECP) in collaboration with Capital Market Infrastructure Institutions (CMIIs). The event, themed “Regional Integration and Innovation in Capital Markets: A New Era of Cooperation,” brought together regulators, exchanges, and financial leaders to discuss shared growth and innovation.

During the conference, Mr. Ruslan Khalilov, CEO of the Baku Stock Exchange, joined the panel discussion “Capital Market & Opportunities for Regional Cooperation.” The session addressed key topics including harmonized regulations, regional cooperation, retail investor participation, and the impact of digitization, fintech, and AI on capital market accessibility.

The second day of the conference was hosted at the Pakistan Stock Exchange (PSX), where international delegates participated in a Gong Ceremony symbolizing cross-border financial collaboration.

Throughout the visit, the Baku delegation held bilateral meetings with Pakistan Stock Exchange (PSX), Mutual Funds Association of Pakistan (MUFAP), Central Depository Company (CDC), Al Meezan Investments, Arif Habib Limited (AHL), and National Clearing Company of Pakistan (NCCPL). Discussions focused on digital investment platforms, retail inclusion, and the role of institutional investors—such as pension funds, insurance companies, and sovereign entities—in strengthening market liquidity and long-term capital formation.