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Azerbaijan plays important role in ensuring energy security of region

4 October 2018 18:47 (UTC+04:00)
Azerbaijan plays important role in ensuring energy security of region

By Sara Israfilbayova

Azerbaijan plays a very important role not only in ensuring energy security, but also in economic relations throughout the region.

The remark was made by Deputy Minister of Economy and Sustainable Development of Georgia Natia Turnava.

She told reporters that Azerbaijan is the main supplier of gas to Georgia.

“We have very good and fruitful cooperation with Azerbaijan in this area. We are confident that Azerbaijani gas suppliers will take an active part in the reforms implemented in the field of energy in Georgia,” Turnava stressed.

Diplomatic ties between Azerbaijan and Georgia were established on November 18, 1992.

The two countries broadly cooperate in regional energy development, transportation and economic partnership projects such as Baku-Tbilisi-Ceyhan pipeline (BTC), Kars-Tbilisi-Baku railway (BTK), the TRACECA, the BSEC.

Georgian exports to Azerbaijan include cement, locomotives and other railway vehicles, mineral and chemical fertilizers, mineral waters, strong drinks, glass and glass wares, and pharmaceuticals, among other things.

Azerbaijani mainly exports to Georgia oil and petroleum products, natural gas, plastic wares, furniture and building constructions.

Azerbaijani President Ilham Aliyev during his meeting with Georgian Prime Minister Giorgi Kvirikashvili, which took place in March in Baku, noted that Azerbaijan is on the first place in terms of the volume of investments in Georgia, which indicates a high level of interstate relations between the two countries.

“We successfully cooperate in different fields. Azerbaijan is the first among the countries that invest in Georgia. Since 2012, we maintain this position. This shows the best investment climate in your country. In addition, this indicates that our relations are at a high level,” the head of state said.

The trade turnover between the states amounted to more than $584 million in the first half of the year.

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Sara Israfilbayova is AzerNews’ staff journalist, follow her on Twitter: @Sara_999Is

Follow us on Twitter @AzerNewsAz

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