Slovakia Can Reap Rewards Of Solidarity Ring Likewise - Azerbaijani Political Analyst


(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 8. The visit ofSlovakia's Prime Minister Robert Fico to Azerbaijan and the signingof a joint statement on strategic partnership aftermath mark aturning point in relations between Azerbaijan and Slovakia,political analyst Azer Garayev told Trend.

He highlighted that diplomatic ties between Azerbaijan andSlovakia were established in 1993, emphasizing President IlhamAliyev's influential working visit to Slovakia in 2004 to bolsterbilateral relations. Presently, relations between the countries areascending to a new, elevated level.

"Slovak companies are active in Azerbaijan, participating inroad construction and various projects. Slovakia expressesheightened interest in collaboration with Azerbaijan across energy,agriculture, power plants, environmental protection, andconstruction sectors. In this context, the involvement of Slovakcompanies in activities within the liberated lands stands as apivotal aspect of cooperation between the two nations. Thereconstruction of Bash Garvand village in Aghdam district by aSlovak company holds significant symbolic value. It not onlyunderscores the sincerity of Azerbaijan-Slovak relations but alsopromises modern, 'smart city' and 'smart village' developmentsadhering to the latest standards upon the return of residents tothese liberated lands,” he noted.

The political analyst emphasized the importance of the signingof the Joint Declaration as one of the important events.

“The Joint Declaration on Strategic Partnership betweenAzerbaijan and Slovakia holds significant political weight, asemphasized by President Ilham Aliyev. This year, natural gasexports to European countries are projected to reach 12 billioncubic meters, constituting 50 percent of Azerbaijan's total gasexports. By the end of 2027, plans are underway to increase gastransportation to the European Union's territory to 20 billioncubic meters. Consequently, Azerbaijan is ramping up its naturalgas production to fulfill these commitments. Presently, Azerbaijanexports natural gas to eight European countries. The signing of the"Solidarity Ring" document in 2023 has opened avenues forAzerbaijani gas transportation to the Slovakian market. Slovakiamay become the ninth European country to receive Azerbaijaninatural gas. Additionally, Azerbaijan aims to export renewableenergy to Europe, presenting Slovakia with an opportunity tobenefit from the power transmission line extending to the BalkanPeninsula,” he noted.

Stay up-to-date with more news at Trend News Agency'sWhatsApp channel

MENAFN10052024000187011040ID1108196796


Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.