ISLAMABAD (APP) - Pakistan has the largest Privatisation Programme and the fairly long time experience in the South Asia, which can be mutually beneficial for the entrepreneurs of entire region including Azerbaijan. Syed Naveed Qamar Federal Minister for Privatisation stated this during a meeting with Dr. Eynulla Madatli Ambassador of Azerbaijan to Pakistan who called on him here Thursday. Syed Naveed Qamar informed the envoy that privatisation process has been given new dimension with the promulgation of new Privatisation Policy for associating the private sector through Public Private Partnership (PPP) mode. He added this initiative was the real engine of economic growth and could ensure efficiency, increase production, bring in fresh investment and expand the existing operations with the latest technologies and ensuring new job opportunities. He assured the envoy of full assistance for benefiting from Pakistans experience in establishing the regulatory regimes and the process of open, fair and transparent privatisation and investment activities. The present government always gave priority to bring the private sector forward through the best privatisation programme in a most transparent, open and fair manner, he added. Dr. Eynulla Madatli Ambassador of Azerbaijan said that Joint Ministerial Commission (JMC) of both the countries were exploring the new avenues for focusing in various sectors of economy including Information Technology, Oil & Gas sectors, Energy, Privatisation and Investment. The envoy said that the Republic of Azerbaijan intended to benefit from the experience of Pakistan in services, transport sectors, privatisation and investment fronts. Azerbaijan started privatisation of its State Owned Entities in 1995 after five years of its independence, he stated. The existing strong relations between the governments and the peoples of both the countries would be further strengthened in the days to come, he added. Syed Naveed Qamar lauded the efforts of the envoy for promoting the existing economic relations and further cementing these relations between the two countries.