(MENAFN- AzerNews) By Ayya Lmahamad
The fourth meeting of the joint intergovernmental commission on
economic cooperation between Azerbaijan and Moldova took place in
Baku on October 10, Azernews reports.
Addressing the meeting, the co-chair of the commission from
Azerbaijan, Agriculture Minister Inam Karimov spoke about the
reforms implemented toward economic diversification in the
country.
Highlighting that Azerbaijan has a reliable and favorable
business environment, the minister appealed to Moldovan
entrepreneurs to evaluate the investment opportunities in
Azerbaijan.
“Given our economic potential, we should continue to work to
diversify our trade relations and increase trade turnover. In this
regard, joint business forums, including mutual participation in
international exhibitions, will strengthen cooperation between our
business communities,” he said.
The minister stressed that Azerbaijan has become one of the
reliable transport and logistics centers of the Eurasian region,
adding that seaports, railway communication, airports and highways,
and modern transport infrastructure provide great advantages for
increasing the efficiency of trade relations.
For his turn, the co-chair of the commission from Moldova,
Deputy Prime Minister, Infrastructure and Regional Development
Minister Andrei Spinu noted that Moldova is interested in
developing partnership relations with Azerbaijan in all sectors. In
this regard, he noted that there is great potential for the
expansion of a partnership between the two countries in the
economic and agricultural sectors.
“Transfer of modern technologies in the agriculture sector,
joint scientific research, training of specialists in agriculture,
and export of agricultural products could become the main
directions of cooperation between Azerbaijan and Moldova in the
agriculture field,” he said.
At the end of the event, a protocol on the results of the fourth
meeting was signed. The document provides for the expansion of
cooperation between the two countries in trade and economic,
energy, agriculture, regional development and construction,
scientific, technical, and humanitarian, labor and social spheres,
food security, tourism, transport and ICT, and other areas.
Diplomatic relations between the two countries were established
on May 29, 1992. The embassy of Azerbaijan in Moldova was opened on
October 5, 2005, while the Embassy of Moldova in Azerbaijan was
opened on November 1, 2005.
In total, fifty-nine documents were signed between the two
countries. The trade relations between Azerbaijan and Moldova
amounted to $6.2 million in 2021.
--
Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter:
Follow us on Twitter