Azerbaijan, Kuwait to ink economic co-op deals
Azerbaijan and Kuwait will sign several agreements
on boosting economic cooperation during Azerbaijani President Ilham
Aliyev`s visit to the oil-rich Gulf state that started on Tuesday.
The deals will cover the fields of trade and economics, tourism and
finance.
Azerbaijan imported goods worth $502,400 from Kuwait in January-November 2008, while no exports were reported.
The two countries established diplomatic ties in October 1994. However, bilateral relations had remained rather underdeveloped until recently. Azerbaijan opened its embassy in Kuwait in 2005, while the Kuwaiti embassy has been operating in Baku since 2006.
Azerbaijani-Kuwaiti relations entered a new stage during President Ilham Aliyev`s tenure in the past years. A number of Kuwaiti officials have paid visits to Baku since mid-2006 and met with the top Azerbaijani leadership to discuss ways of taking bilateral relations to a higher level.
Azerbaijan imported goods worth $502,400 from Kuwait in January-November 2008, while no exports were reported.
The two countries established diplomatic ties in October 1994. However, bilateral relations had remained rather underdeveloped until recently. Azerbaijan opened its embassy in Kuwait in 2005, while the Kuwaiti embassy has been operating in Baku since 2006.
Azerbaijani-Kuwaiti relations entered a new stage during President Ilham Aliyev`s tenure in the past years. A number of Kuwaiti officials have paid visits to Baku since mid-2006 and met with the top Azerbaijani leadership to discuss ways of taking bilateral relations to a higher level.
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