Azer News

Baku, Zagreb eye to opening up new horizons for cooperatio­n

- By Amina Nazarli

A delegation of Croatia led by Deputy Prime Minister, Minister of Economy, Entreprene­urship and Crafts of the Republic of Croatia, Co-chair of the Azerbaijan-Croatia Joint Commission on Economic Cooperatio­n Martina Dalic visited Baku this week.

Adelegatio­n of Croatia led by Deputy Prime Minister, Minister of Economy, Entreprene­urship and Crafts of the Republic of Croatia, Co-chair of the Azerbaijan­Croatia Joint Commission on Economic Cooperatio­n Martina Dalic visited Baku this week.

As part of the visit the two countries officials specifical­ly considered the areas of industry, energy, health, youth and sports, culture, tourism, transport, communicat­ions and informatio­n technology as well as agricultur­e.

Issues of developmen­t of bilateral economic relations between Azerbaijan and Croatia were discussed during the meeting with President Ilham Aliyev.

The head of state hailed the bilateral relations between the two countries, and recalled Croatian President Kolinda Grabar-Kitarovic's visit to Azerbaijan, describing it as a success.

The President hailed reciprocal visits at different levels between the two countries. The head of state underlined the importance of mutual trade, investment and collaborat­ion of companies in terms of expanding cooperatio­n in a variety of fields, noting the significan­ce of the activities of the Joint Commission on Economic Cooperatio­n in this regard.

Pointing to Azerbaijan-European Union relations, President Aliyev underlined that the recent Eastern Partnershi­p Summit was a success and yielded good results, and emphasized the importance of the Declaratio­n adopted at the Summit. The head of state said work is underway on a new agreement between Azerbaijan and the EU, and expressed his hope that the agreement will cover all areas of bilateral cooperatio­n – in accordance with best mutual interests – including political, economic, energy and cultural ones.

The President hailed good prospects for long-term energy cooperatio­n between Azerbaijan and Croatia, praising Croatia's regular participat­ion in the Southern Gas Corridor Advisory Council.

Martina Dalic, in turn, pointed out high level of bilateral relations between the two countries, noting the importance of the two presidents' joint efforts in terms of expansion of bilateral cooperatio­n. She underlined ample opportunit­ies for deepening Azerbaijan-Croatia cooperatio­n in investment, trade and other spheres.

Azerbaijan, Croatia expand economic cooperatio­n

Azerbaijan and Croatia held the first meeting of the Joint Commission on Economic Cooperatio­n in Baku on November 28, which was focused on the developmen­t and deepening of cooperatio­n between the two countries in all spheres.

The sides have made serious progress in the political, economic and humanitari­an areas of cooperatio­n and have establishe­d a broad legal basis for the developmen­t of relations. They have agreed to expand cooperatio­n in chemistry, recycling, light industry, shipbuildi­ng and pharmacy to further expand cooperatio­n.

During the meeting the co-chairman from the Azerbaijan­i side, Azerbaijan's Taxes Minister Fazil Mammadov and the co-chairman of the Croatian side, Croatian Deputy Prime Minister Martina Dalich, considered bilateral cooperatio­n issues.

Two sides discussed important trends that occurred after the establishm­ent of diplomatic relations between Azerbaijan and Croatia including mutual visits of the Presidents of the two countries, high level meetings between the two countries, and some 20 agreements signed on the mutual relations of two countries.

Mammadov said that the Commission was set up in Zagreb on March 11, 2013 under the “Agreement on Economic Cooperatio­n between the Government of the Republic of Azerbaijan and the Government of the Republic of Croatia” and will promote the developmen­t of cooperatio­n between the two countries in various fields.

By the end of 2016, the trade turnover between the two countries amounted to $284.700, of which $51.200 was for the import of goods to Azerbaijan, and exports to Croatia reached $233.500. In January-September of 2017, the trade turnover between the countries amounted to $105,000.

Noting that one of the important directions facing the Commission was to support expansion of economic relations, Mammadov expressed confidence that the reached negotiatio­ns, agreements, and the signed documents will promote the developmen­t of bilateral relations between the two countries.

The minister said that business relations played an important role in expanding economic cooperatio­n between Azerbaijan and Croatia and noted that there were four business forums in the two countries that are important for the developmen­t of direct contacts between business circles.

Emphasizin­g that there are many promising areas for bilateral relations between the two countries, Mammadov noted that in recent years various new industrial parks and attractive conditions for investors, including tax incentives, in the parks have been created in Azerbaijan.

Stressing the importance of energy cooperatio­n, the minister said that Croatia is interested in the implementa­tion of the Trans Adriatic Pipeline (TAP) project, which aims to deliver Azerbaijan­i natural gas to Europe. Azerbaijan is also one of the signatorie­s to the Memorandum of on Mutual Understand­ing, Support and Cooperatio­n in the Constructi­on of TAP and Ion-Adriatic Gas Pipelines.

Dalich, for his part, noted that they are open for cooperatio­n based on mutual interests and friendship principles. She noted that the political, economic and humanitari­an relations between Azerbaijan and Croatia are developing, adding that the first meeting of the Joint Commission on Economic Cooperatio­n would contribute to further strengthen­ing of successful cooperatio­n in various spheres.

Baku and Zagreb have wide opportunit­ies for realizing their potential in the fields of industry, energy, transport, sports, tourism, education, especially in the field of informatio­n technology, the Croatian minister noted.

Dalich stressed that they will make efforts to further expand the Croatian-Azerbaijan­i relations.

At the end of the meeting, a protocol on the outcomes of the first meeting of the Joint Commission on Economic Cooperatio­n between Azerbaijan and Croatia was signed by the co-chairs of the commission.

At the meeting with her Azerbaijan­i counterpar­t Shahin Mustafayev, the sides discussed mutual projects. Azerbaijan offers Croatia to establish joint enterprise­s for production of spare parts for shipbuildi­ng sector and to launch direct flights for developmen­t of tourism.

“Azerbaijan and Croatia have great potential for expansion of ties in industry, shipbuildi­ng, oil industry, chemistry, pharmaceut­ics, transit, tourism, agricultur­e, trade and other spheres,” Mustafayev added.

The minister also offered to organize a presentati­on of Azerbaijan’s industrial and petrochemi­cal potential, as well as projects being implemente­d in the country in these spheres for the Croatian companies.

Speaking about cooperatio­n between the two countries, Mustafayev stressed that Azerbaijan and Croatia signed a declaratio­n on strategic partnershi­p in 2013. The Azerbaijan­i minister added that both countries are cooperatin­g within the Southern Gas Corridor project.

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