Switzerland Eyes To Develop Co-Op With Azerbaijan Through Middle Corridor
Date
12/19/2022 1:04:30 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 19. Switzerland is
interested in the development of cooperation with Azerbaijan
through the Middle corridor, Head of Bilateral Economic Relations
Division of the Swiss State Secretariat for Economic Affairs (SECO)
Erwin Bollinger told trend .
'There is a lot of potentials. This corridor will shorten the
way of supplies from East to West,' Bollinger said.
'Recently, we have been in Baku International Sea port and Alat
Free Economic Zone and we see a huge potential to further grow this
infrastructure,' he added.
Talking about cooperation between the countries he mentioned
that this year only the volume of trade turnover between Azerbaijan
and Switzerland has grown by 50 percent.
'Also we have mutual investments. We are not only investing in
classical sectors like oil and gas but new innovative sectors like
agribusiness,' Bollinger said.
'SECO is active in Azerbaijan in many fields, mainly, to ensure
financing agribusiness. I believe we can also enhance our
cooperation in the sustainable energy field and IT,' he
emphasized.
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