Azerbaijan, Austria eye trade ties
By Aynur Jafarova
Azerbaijan and Austria have mulled the opportunities for developing the bilateral cooperation, Azertag reported on April 4.
The discussions were held during the meeting of the Austrian delegation led by Second President of the National Council Karlheinz Kopf with representatives of Azerbaijani companies specializing in the fields of ICT, construction and consulting.
Earlier the Austrian delegation was received by Azerbaijani President Ilham Aliyev, Parliamentary Speaker Ogtay Asadov, Foreign Minister Elmar Mammadyarov, Economy and Industry Minister Shahin Mustafayev and Culture and Tourism Minister Abulfas Garayev.
Diplomatic relations between the two countries were established in February, 1992. The legal framework for bilateral cooperation includes 38 documents.
There are over 50 Austrian companies operating in different fields of Azerbaijani economy.
Trade turnover between Azerbaijan and Austria was about $333.46 million in the first eleven months of 2013, Azerbaijan's State Customs Committee reported.
Azerbaijan's imports from Austria amounted to $79.58 million, while exports to Austria amounted to $253.88 million during this period.