(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 26. The 5th
meeting of the Joint Intergovernmental Commission on Economic and
Humanitarian Cooperation between the Republic of Azerbaijan and the
Kyrgyz Republic was held in Cholpon-Ata (Kyrgyzstan), trend reports.
The meeting was attended by the delegation of the
Republic of Azerbaijan led by Deputy Prime Minister Ali
Akhmadov.
Ali Akhmadov and Deputy Chairman of the Cabinet of
Ministers of Kyrgyzstan Bakyt Torobayev held talks in a narrow
format, during which topical issues of the bilateral agenda were
discussed.
Then a meeting of the Joint Intergovernmental
Commission was held with the participation of the heads and
authorized representatives of the relevant state structures of the
two countries.
Akhmadov thanked the Government of Kyrgyzstan for the
implementation of events dedicated to the 100th anniversary of
national leader Heydar Aliyev.
The sides expressed satisfaction with the
comprehensive development of Azerbaijani-Kyrgyz friendly relations
and strategic partnership.
It was pointed out that the active political dialogue
and personal contacts between the presidents of Azerbaijan and
Kyrgyzstan ensure high dynamics across the entire spectrum of
bilateral cooperation.
The positive dynamics of trade and economic relations
was noted with satisfaction due to the increase in trade turnover
by 19 percent by the end of 2022.
The parties agreed that the volume of mutual trade
does not correspond to the level of economic development and the
existing potential of the two countries. In this regard, the
importance of preparing and signing a comprehensive program for the
development of bilateral cooperation for 2023-2028 was noted.
The sides also discussed the development of investment
cooperation, welcoming the completion of the establishment of the
Azerbaijan-Kyrgyz Development Fund.
Akhmadov spoke about the favorable investment climate
in Azerbaijan. The Kyrgyz side was informed about the developed
infrastructure and investment protection at the state level that
make Azerbaijan attractive for investment.
The dynamics of cooperation in the transport and
transit areas was positively assessed. Cargo transportation between
Azerbaijan and Kyrgyzstan increased by almost 1.7 times, while
transit cargo transportation increased by 2 times, by the end of
2022.
The relevance of the Trans-Caspian International
Transport Route (the Middle Corridor) was noted. The parties agreed
to carry out coordinated work on digitalization of the Middle
Corridor, as well as to strengthen measures to increase the appeal
of this transport direction in order to attract additional
cargo.
The sides also discussed prospects for the development
of bilateral relations in the field of renewable energy sources,
agricultural, tourism, cultural, humanitarian and other areas.
They expressed mutual readiness to continue
constructive dialogue on the whole range of mutually beneficial
cooperation.
Akhmadov and Torobayev signed the Protocol of the 5th
meeting of the Joint Intergovernmental Commission on Economic and
Humanitarian Cooperation between the Republic of Azerbaijan and the
Kyrgyz Republic.