The visit of President Ilham Aliyev to Serbia's Belgrade on
November 23 has opened a new page in the relations between
Azerbaijan and Serbia. The signing of important documents will give
an additional impetus to the further development of cooperation
between the two countries in various economy fields and bring the
relations to a new level.
As Dusan Prorokovic, Head of the Center of Eurasian Studies at
Institute of the International Politics and Economics, told
trend , the relations between Azerbaijan and
Serbia have been productive so far, and now the focus will mainly
shift to energy cooperation.
“In the first place is energy cooperation. On the one hand,
there is the idea of a joint project. Serbia would import gas from
Azerbaijan, then produce electricity using gas-fired power plants,
and then sell the electricity on the EU market. We also have
limitations for realization of this project, it cannot be realized
quickly, but it would be profitable for both Azerbaijan and Serbia.
On the other hand, Serbia is interested in importing Azerbaijani
oil,” the expert said.
Prorokovic has rightly pointed out that the Southern Gas
Corridor acts as an alternative route for gas supply to Serbia.
“There has been a lot of talk about Azerbaijani gas in Europe
for the last eight months. All European countries are interested in
buying Azerbaijani gas. Serbia is just one of them,” he said.
At the same time, green energy is also among promising fields of
cooperation between the two countries, Prorokovic noted.
“Azerbaijani companies have been developing green technologies.
According to the same model as with gas, it is possible to produce
green energy in Serbia and sell it on the EU market,” the expert
Thus, as the expert thinks, there is always room for improvement
Today Azerbaijan creates new economic opportunities not only for
the countries in the region, but also to its European partners.
Azerbaijan is highly valued as a reliable partner in various
partners. Good political and economic relations between Azerbaijan
and Serbia will result in further development, trade increase and
new joint projects launch.
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