Azerbaijan, Croatia to outline future relations
By Rashid Shirinov
Azerbaijan and Croatia will discuss their future cooperation during the second meeting of the joint intergovernmental commission in October 2016, Refik Sabanovic, Croatian Charge d'Affaires to Azerbaijan told Trend.
He said that the meeting will take place in Baku with a business forum to be held in its framework.
The parties will discuss their abilities to increase investments, expand business cooperation and other relevant issues.
Azerbaijan and Croatia have signed over 20 contracts and agreements, and the countries are going to accept 13 new.
The states have potential for cooperation in energy, engineering, telecommunications, agriculture, fisheries and pharmacology spheres. Moreover, the countries triggered direct flights between each other. This can encourage exchange of tourists between Croatia and Azerbaijan.
According to the State Customs Committee, the trade turnover between Azerbaijan and Croatia in January-April amounted to $70 million, increasing twice compared to the same period in 2015.
Croatia and Montenegro are going to build a branch of the Trans Adriatic Pipeline (TAP), which is a projected pipeline to transport natural gas from the Azerbaijani shore of the Caspian Sea to Italy through Greece, Albania and the Adriatic Sea and further to the Western Europe.
TAP project was announced in 2003 by Swiss energy company EGL Group. The feasibility study was concluded in March 2006. Along with the significance of trade relations development between Azerbaijan and the EU, TAP will play an important role in resolving problems such as energy security and energy dependence.
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