(MENAFN- AzerNews)
By Ayya Lmahamad
Azerbaijan and Latvia have discussed 'ample opportunities' for
cooperation in agriculture and digital economy sectors, Azernews
reports.
The discussion took place during the meeting between
Azerbaijan's Economy Minister Mikayil Jabbarov with Latvia's
Agriculture Minister Kaspars Gerhardt.
During the meeting, the parties also discussed opportunities for
Latvia companies to participate in the restoration and
reconstruction process of Azerbaijan's liberated lands.
Moreover, they exchanged views on opportunities for cooperation
in projects implemented in the Araz Valley Economic Zone, Aghdam
Industrial Park, and Alat Free Economic Zone.
The sides also discussed the current state of trade and economic
relations and the directions of partnership expansion.
Earlier, it was reported that Azerbaijan's Vegetable Institute
and the Latvian Life Sciences University have signed a memorandum
of cooperation. The document was signed during the meeting between
Latvian and Azerbaijani agriculture ministers.
Diplomatic relations between the two countries were established
on January 11, 1994. The Azerbaijani embassy in Latvia was opened
in 2005, and the Latvian embassy in Azerbaijan in 2006.
Relations between Azerbaijan and Latvia have developed at a high
level in all areas. The political dialogue between the two
countries continues through regular reciprocal visits at the
highest possible levels.
The trade turnover between the two countries amounted to $27.1
million in 2021 and $19 million in the first five months of
2022.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @AyyaLmahamad
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@AzerNewsAz
- Tags:
- Azerbaijan
- Latvia
- Azerbaijan's Economy Ministry
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