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Azerbaijani, Bulgarian economy ministers meet in Baku

10 February 2015 12:23 (UTC+04:00)
Azerbaijani, Bulgarian economy ministers meet in Baku

By Amina Nazarli

Shahin Mustafayev, Azerbaijan`s Economy and Industry Minister met a Bulgarian delegation led by Bozhidar Lukarski, Economy Minister in Baku on February 9.

Maya Hristova, Bulgaria’s Ambassador to Azerbaijan also attended the meeting, where the two ministers exchanged views over issues of mutual interests.

Addressing the event, Mustafayev hailed the development of cooperation between Azerbaijan and Bulgaria, stressing the importance of reciprocal visits on expanding ties.

The minister underlined the existing wide opportunities for cooperation between the two countries in a number of fields, including agricultural, production, food industry and tourism. He also underlined the importance of the non-oil sector, which according to him is a priority for the country.

Bulgarian entrepreneurs could also take advantage of the benefits applicable in the industrial parks in Azerbaijan, he added.

Mustafayev noted Azerbaijani companies were successfully participating in a number of projects in foreign countries, and underlined the investment making opportunities.

Lukarski, for his turn, said Bulgaria is also interested in expanding ties with Azerbaijan.

The Bulgarian minister expressed his opinion about the potential of cooperation in various sectors of the economy.

He is also touched up on the importance of reciprocal visits and joint events in terms of expansion of cooperation between the businessmen of the two countries.

Lukarski invited the Azerbaijani minister and businessmen to visit Bulgaria.

Bulgaria recognized the independence of Azerbaijan in January 1992. The diplomatic relations between the two countries were established in June , 1992. The embassy of Bulgaria in Azerbaijan was opened in December 1999.

The potential trade turnover between the two countries does not correspond with the existing turnover. For the nine months of 2014 the trade turnover between them amounted at $123 million, according to the Azerbaijan State Statistics Committee.

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Amina Nazarli is AzerNews’ staff journalist, follow her on Twitter: @amina_nazarli

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