(MENAFN- AzerNews) By Rashid Shirinov
Azerbaijan and Ukraine will establish a joint venture for production of railway cars, Azerbaijani Embassy in Ukraine reported on December 14.
Azerbaijan's Ambassador to Ukraine Azer Khudiyev held a meeting with the leadership of PJSC 'Kryukovsky Railway Car Building Works in this regard.
During the meeting, deputy director of the plant Igor Manaenkov noted that Azerbaijan actively participates in international transportation.
'Azerbaijan is a participant of a number of international projects. With the commissioning of the Baku-Tbilisi-Kars railway line, Azerbaijan has opened a wide corridor between Europe and Asia. From this point of view, Azerbaijan needs to produce new passenger and freight cars, he said.
Khudiyev, in turn, said that Ukraine is an advantageous partner for Azerbaijan.
The ambassador further noted the importance of Ukraine's preparing a package of proposals on the establishment of the joint venture. After the Azerbaijani side examines the proposal, a working group from Ukraine will visit Baku.
Kryukovsky Railway Car Building Works is a large industrial company in the Ukrainian city of Kremenchuk, manufacturing locomotives and multiple unit trains. The company's various types of freight and passenger railroad cars are exported to many countries.
Azerbaijan and Ukraine currentlyhave tangible economic and trade relations. Azerbaijan mainly imports metallurgy, machine building, agro-industrialand chemical industry products from Ukraine, which, in turn,importsproducts of fuel energy industry, chemical industry, and agro-industry from Azerbaijan.
MENAFN1412201701950000ID1096233753
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.