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Azerbaijan's strong economic infrastructure creates good opportunities for Finnish companies [UPDATE]

5 July 2018 12:03 (UTC+04:00)
Azerbaijan's strong economic infrastructure creates good opportunities for Finnish companies [UPDATE]

By Kamila Aliyeva

Azerbaijani President Ilham Aliyev has received a delegation led by Minister for Foreign Trade and Development of Finland Anne-Mari Virolainen on July 5.

The head of state said that the visit of the Minister for Foreign Trade and Development of Finland to Azerbaijan creates a good opportunity for cooperation in the economic sphere between the countries, including the issues related to the growth of trade turnover, stressing wide potential in this regard.

Noting the importance of cooperation in the sphere of transport corridors, President Aliyev emphasized that currently Azerbaijan actively invests in the creation of a transport link between neighboring and partner countries.

Azerbaijan is turning into an important link in the major East-West and North-South transport corridors, said the head of state.

“The successful implementation of the North-South transport project began. Azerbaijan invests largely in this sphere,” he said.

President Aliyev also noted the importance of increasing activity in the business sphere in terms of expanding economic cooperation.

Referring to the work of several Finnish companies in Azerbaijan, Ilham Aliyev said that the number of these companies can be increased and added that the economic development of Azerbaijan, promising plans, a strong economic structure provide Finnish companies, like other foreign enterprises, with good opportunities for active work in various sectors of the country’s economy.

Virolainen conveyed the greetings of the President of Finland Sauli Niinisto to the head of state. She noted that it is a pleasure to recall the meeting of the Presidents of Azerbaijan and Finland held in Davos.

Noting that the program of the visit to Azerbaijan is very meaningful, the Minister of Foreign Trade and Development of Finland expressed the hope that fruitful meetings will be held during the visit.

Virolainen said that the beauty of Baku made an impression on the members of the delegation, adding that the historical architectural monuments in the capital make up an excellent unity with modern buildings.

She noted that countries have a common history, and there are good opportunities for expanding cooperation between Azerbaijan and Finland.

The meeting focused o an exchange of views on the participation of Finnish companies in energy, transit, infrastructure projects, in vocational education, expansion of trade ties between businessmen, investment, prospects for cooperation in the field of ecology and other spheres.

Diplomatic relations between the two countries were established on March 24, 1992.

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