Trans­port is­sues on agenda of Azer­bai­jan, UAE co­op­er­a­tion

Azer News - - Front Page - By Sara Is­rafil­bay­ova

Trans­port is­sues were on the agenda dur­ing the lat­est visit of Azer­bai­jani Min­is­ter of Trans­port, Com­mu­ni­ca­tions and High Tech­nolo­gies Ramin Gu­luzade to the UAE, where he held a meet­ing with Min­is­ter of In­fra­struc­ture De­vel­op­ment of the UAE Ab­dul­lah bin Mo­hammed Bel­haif Al Nuaimi.

The sides dis­cussed the strength­en­ing of bi­lat­eral re­la­tions be­tween the UAE and Azer­bai­jan, in par­tic­u­lar, in the field of in­fra­struc­ture and trans­port.

Al Nuaimi touched upon the achieve­ments of the UAE in the field of in­fra­struc­ture and trans­port and plans to be­come one of the lead­ing coun­tries of the world by 2021.

He also highly ap­pre­ci­ated the com­mon bi­lat­eral re­la­tions be­tween the two coun­tries, stress­ing the im­por­tance of shar­ing ex­pe­ri­ence in the field of in­fra­struc­ture and trans­port.

Gu­luzade, in turn, spoke about the suc­cesses of Azer­bai­jan and new projects that con­trib­ute to the de­vel­op­ment of in­fra­struc­ture and trans­port in the coun­try.

The UAE has rec­og­nized the in­de­pen­dence of Azer­bai­jan in De­cem­ber, 1991, while diplo­matic re­la­tions be­tween the states were es­tab­lished in Septem­ber, 1992.

Azer­bai­jan and the UAE en­joy friendly re­la­tions and are keen to deepen eco­nomic co­op­er­a­tion.

To date, more than 250 com­pa­nies from the UAE work in Azer­bai­jan. The UAE-Azer­bai­jan Joint Eco­nomic Com­mit­tee pre­vi­ously said both coun­tries were to fo­cus on nine key ar­eas for bi­lat­eral co­op­er­a­tion, in­clud­ing air trans­port, tourism, com­mu­ni­ca­tions, en­vi­ron­ment, water, agri­cul­ture, re­new­able en­ergy, modern tech­nol­ogy and in­dus­try.

Azer­bai­jan mainly im­ports high­tech prod­ucts, elec­tron­ics, in­dus­trial goods and build­ing ma­te­ri­als from the UAE and ex­ports to the UAE fruits, juices, nuts, metal semi-fin­ished prod­ucts and so on.

Ac­cord­ing to the Azer­bai­jani State Cus­toms Com­mit­tee, the trade turnover be­tween Azer­bai­jan and the UAE amounted to $28.457 mil­lion in Jan­uary-July 2018, which is 67 per­cent more than in the same pe­riod of 2017.

At the same time, ex­ports from Azer­bai­jan to the UAE amounted to $12.317 mil­lion (an in­crease of 58.8 per­cent), while im­ports - $16.139 mil­lion (by 73.8 per­cent).

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