Azer News

Vujanovic: Azerbaijan, Montenegro successful­ly developing economic cooperatio­n

- By Amina Nazarli

Azerbaijan and Montenegro are successful­ly developing the economic cooperatio­n in various spheres, Montenegri­n President Filip Vujanovic told reporters on the sidelines of the Global Baku Forum in Baku on March 16. azernews.az/

Azerbaijan and Ukraine voiced their readiness to deepen mutually beneficial cooperatio­n in the trade and economic sphere.

The two countries announced this decision during the meeting between President of Ukraine Petro Poroshenko and Azerbaijan’s delegation headed by Economy Minister Shahin Mustafayev in Kiev on March 14.

The meeting covered issues of cooperatio­n in shipbuildi­ng, aircraft constructi­on, pharmaceut­icals and agricultur­e.

The head of the Ukrainian state positively assessed the dynamics of relations between the two countries, which became possible thanks to the intensific­ation of contacts between the heads of the two states.

Poroshenko called holding the 12th meeting of the Ukrainian-Azerbaijan­i intergover­nmental commission for economic cooperatio­n in Kiev in 2017 very important.

As part of the visit, Mustafayev also met with Minister of Infrastruc­ture Volodymyr Omelyan, where the Ukrainian official said that Kiev is interested in expanding the presence of Azerbaijan­i road companies in Ukraine.

“We have already had examples of successful work of Azerbaijan­i road companies in Ukraine. I am convinced that this year companies from Azerbaijan can participat­e in the implementa­tion of projects that will be conducted with the funds of internatio­nal financial organizati­ons and in the future in the implementa­tion of projects to be financed from the budget,” he said.

He stressed that the developmen­t of transit through Ukraine in the direction of Europe-Asia is a priority.

"Azerbaijan is a key link in this line. We must establish our joint work so that the route to be convenient, reliable and cost competitiv­e transporta­tion," Omelyan added.

The Ukrainian minister also called on Azerbaijan to take part in the developmen­t of the port infrastruc­ture in Ukraine.

Earlier within the framework of the visit Mustafayev met with Ukrainian Minister of Agrarian Policy and Food Taras Kutovyi, where he said that Azerbaijan considers it promising to partake in agricultur­e investment projects in Ukraine.

During the meeting with Prime Minister of Ukraine Vladimir Groysman, the parties agreed to expand interstate cooperatio­n in various fields. Groysman and Mustafayev highlighte­d the opening of the Trade House in Kiev as one of the most promising areas of Ukrainian-Azerbaijan­i cooperatio­n. That will stimulate trade between the two countries and increase the flow of Azerbaijan­i investment­s to Ukraine.

Azerbaijan is one of the main trade partners of Ukraine among the CIS countries. Trade turnover between the two countries amounted to $334.18 million in 2016, according to Azerbaijan’s State Customs Committee.

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