(MENAFN- AzerNews) By Ayya Lmahamad
Azerbaijan and Romania are interested in developing the Middle
Corridor, Bucharest Ambassador Vasile Soare told the“National Day
of Romania and the 104th anniversary of the Great Union” event,
Azernews reports.
“Romania and Azerbaijan are interested in the development of the
Middle Corridor connecting Europe and Asia with the ports of Baku
and Constanta, which are in geographically advantageous locations
and represent transport hubs,” he said.
The ambassador noted that for many years, relations between
Romania and Azerbaijan have been actively developing in politics,
energy, transport, culture, and other sectors.
Energy projects
Moreover, the ambassador stated that Romania and Azerbaijan are
interested in the implementation of large projects of mutual
interest aimed at ensuring energy security in Central and Eastern
Europe.
Vasile Soare added that these projects will include the
production of electricity from alternative sources and the
extraction of natural gas.
Trade turnover
“The trade turnover between Azerbaijan and Romania increased by
2.3 times for the last ten years,” he said.
Noting that Romanian companies actively work in Azerbaijan and
vice versa, the ambassador stressed that all efforts will be made
to expand cooperation.
Additionally, Vasile Soare recalled that Romania was the second
country in the world to recognize Azerbaijan's independence, adding
that during this period relations between the countries have been
actively developing in various areas.
Azerbaijan and Romania are cooperating in various spheres of the
economy. The two countries established diplomatic relations on June
19, 1992. The embassy of Romania in Azerbaijan was opened on
November 3, 1998, and the embassy of Azerbaijan in Romania on May
19, 2001.
The trade turnover between the two countries amounted to $215.5
million in 2021, with exports amounting to $120.5 million, and
imports to $94.9 million.
--
Ayya Lmahamad is AzerNews' staff journalist; follow her on
Twitter: @ayyalmahamad
Follow us on Twitter
@azernewsaz
Tags: azerbaijan cooperation trade turnover romania energy middle corridor