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Azeri FM sees unresolved conflicts as hurdle to regional growth (UPDATED)

23 August 2010 18:11 (UTC+04:00)
Azeri FM sees unresolved conflicts as hurdle to regional growth (UPDATED)

SALZBURG/AUSTRIA – Azerbaijani Foreign Minister Elmar Mammadyarov has said unresolved conflicts are a major obstacle to the development of the region.

Speaking at an economic conference held in Salzburg, Austria August 20-22, Mammadyarov briefed participants on Azerbaijan’s economy and the economic and energy policy pursued by his country, the Foreign Ministry told AssA-Irada. The minister also touched upon the economic condition of the countries of the Black Sea region.

Regarding the European Union states’ energy security, Mammadyarov said Azerbaijan could make a contribution to ensuring it.

Mammadyarov further spoke about Baku’s policy aimed at poverty reduction, saying future generations bear responsibility for this, and pointed to the need for stepping efforts in this respect.

The minister emphasized the importance of sustainable development in the Black Sea region, saying it was pivotal "to be more pragmatic" in dealing with the matter.

The Salzburg Trilogy scientific conference focused on building bridges for 21st century ethical market economies and an overview of prospects for "quality growth in Europe and outside the boundaries of the Black Sea". It was organized by Austria’s Federal Ministry for Europe and International Affairs.

During his visit, Mammadyarov held meetings to discuss bilateral relations with his counterparts from Austria, Ukraine and Georgia, former Austrian Chancellor Wolfgang Schuessel and Austrian energy giant OMV’s CEO Wolfgang Ruttenstorfer.

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