EU Special Rep Upbeat About Latest Visit To Baku
Date
11/29/2022 2:06:17 AM
(MENAFN- AzerNews) By Sabina Mammadli
European Union Special Representative for the South Caucasus and
the crisis in Georgia Toivo Klaar reflected on his visit to
Azerbaijan, Azernews reports per his official twitter page.
Klaar noted that during the conversation, President Ilham Aliyev
showed commitment to the EU-facilitated format.
“A few reflections following the visit to Azerbaijan at the end
of last week: 1) Important commitment by @presidentaz to
EU-facilitated format. 2) Many challenges remain; restraint and
strong political will be needed by Azerbaijan and Armenia to reduce
tensions to achieve a comprehensive settlement,' he tweeted .
Azerbaijan prioritizes equal and mutually beneficial cooperation
with the European Union. In 2021, Azerbaijan and the EU had a trade
turnover of $15.2 billion. At the same time, from 2012 to 2021, the
EU invested over $21.5 billion in Azerbaijan's economy.
As part of its economic investment plan, the European Union has
provided Azerbaijan with a €2 billion financial package.
The EU and Azerbaijan are in active dialogue on increasing gas
supplies amid the energy crisis.
A joint statement on energy cooperation with the EU had been
signed more than ten years ago. The EU-Azerbaijan energy
cooperation had reached a new level and is still ongoing within the
framework of the Southern Gas Corridor. The EU places a high value
on energy supply diversification, and the Southern Gas Corridor is
particularly important in this regard. In 2021, European countries
purchased 8.2 billion cubic meters of gas, with an increase in
volume expected in the coming years.
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Sabina Mammadli is AzerNews' staff journalist, follow her on
Twitter: @sabinammdl
Follow us on Twitter @azernewsaz
Tags: azerbaijan european union armenia south caucasus toivo klaar
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