Azernews.Az

By Sara Israfilbayova

A delegation of Australian businessmen plans to visit Baku on October 17-21.

During the visit to Azerbaijan, Australian businessmen will have an opportunity to get acquainted with economic opportunities, advantages of investing in the country and industrial enterprises of the country, according to Report.az.

Currently, program of the visit is being prepared and participants are being determined.

Most recently, Baku hosted the event dedicated to 25th anniversary of diplomatic ties between the two states .

The event was attended by Minister for International Development and the Pacific of the country Concetta Fierravanti-Wells and other officials of Australia, Chairman of the Parliamentary Committee on International Relations and Inter-Parliamentary Relations Samad Seyidov, Head of the Azerbaijan-Australia interparliamentary friendship group and others.

Moreover, Fierravanti-Wells met with Azerbaijani Foreign Minister Elmar Mammadyarov and the sides discussed ways to boost the ties.

Fierravanti-Wells expressed great interest in expanding relations with Azerbaijan in political and trade-economic areas, underlining the importance of developing inter-parliamentary cooperation, which is an important component of interstate relations.

The Commonwealth of Australia recognized the independence of the Republic of Azerbaijan on December 26, 1991. Diplomatic relations between two countries have been established on June 19, 1992.

Azerbaijan exports crude oil to Australia. Butter is imported from Australia.

The trade turnover between Azerbaijan and Australia amounted to $1 million in January-March 2017, according to Azerbaijan's State Customs Committee.

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