(MENAFN- AzerNews)
By Ayya Lmahamad
Egypt is interested in expanding relations with Azerbaijan,
Foreign Ministry Assistant for European Affairs Ihab Nasr said,
Azernews reports.
He made the remarks during his meeting with Azerbaijan's First
Deputy Economy Minister Elnur Aliyev.
During the meeting, Ihab Nasr shared his views on the directions
of partnership development.
In turn, Elnur Aliyev stressed the importance of relations
between the two countries, noting that Azerbaijan and Egypt
successfully cooperate in a number of areas, including within
international organizations. He stressed that Azerbaijan attaches
great importance to the expansion of trade and economic relations
with Egypt.
“The documents signed at the latest meeting of the joint
intergovernmental commission on economic, technical, and scientific
cooperation between Azerbaijan and Egypt serve the development of
partnership between business circles,” he said.
Moreover, he underlined that the establishment of direct ties
between businessmen, the organization of business forums and trade
missions, as well as mutual participation in exhibitions, are
important measures in terms of developing partnership.
Speaking of investment cooperation, Aliyev invited Egyptian
businessmen to participate in the realization of projects in
Azerbaijan's liberated territories along with other spheres of
economy.
The meeting focused on expanding bilateral trade, economic and
investment cooperation.
Diplomatic relations between the two countries were established
on March 27, 1992. The Egyptian embassy in Baku has been operating
since April 1993, while Azerbaijan's embassy in Cairo has been open
since January 1994.
In total, the two countries signed around 50 documents on
cooperation in various fields.
The trade turnover between Azerbaijan and Egypt amounted to
$42.4 million in 2021, and to $4.1 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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