Azerbaijan and Brazil have agreed to intensify economic relations, Azerbaijani Foreign Minister Elmar Mammadyarov said at a joint press conference with his Brazilian counterpart Aloysio Nunes Ferreira, who is on an official visit to Baku.
The Azerbaijani minister added that trade turnover between the two countries amounted to $160 million and stressed the need to increase this volume.
As for the relations in the political sphere, especially within the international organizations, he stressed that the positions of the two countries coincide on most issues.
“The two countries plan to hold consultations in the political and economic spheres in 2018,” Mammadyarov said. "Political consultations will be held in Baku, while economic consultations in Brazil. It would be better for both sides to hold a business forum."
Moreover, the minister said that a meeting will be held at the level of foreign ministers within the Non-Aligned Movement in Baku in April 2018.
"We have invited the Brazilian foreign minister to this event," Mammadyarov added.
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