Azernews.Az

By Aynur Jafarova

Azerbaijan and Spain have mulled a wide range of issues during Azerbaijani Foreign Minister Elmar Mammadyarov's meeting with former Spanish Foreign Minister Miguel Angel Moratinos and former Spanish ambassador to Geneva and Moscow Juan Antonio Marchi.

During the meeting which was held on November 27, the representatives of Spain said the rapid and dynamic development observed in Azerbaijan has impressed them.

The development of relations between Azerbaijan and Spain, cooperation in the fields of tourism, industry, agriculture, promotion of trade relations and the opening of direct air links between the two countries were among the discussed issues.

Spain recognized Azerbaijan's independence in December 1991.

Diplomatic relations were established in February 1992.

The trade turnover between the two countries amounted to about $158.4 million in 2012.

Earlier Azerbaijan's embassy in Spain initiated the establishment of an Azerbaijan-Spain chamber of commerce with aims to increase the trade turnover between the two countries, to attract Spanish companies to Azerbaijan, take Azerbaijani goods to the Spanish market, to organize mutual business forums, trade and investment missions and other events to promote bilateral cooperation.

The initiative was a response to the great interest of Spanish companies in Azerbaijan's market, numerous appeals of Spanish companies to the embassy, benefits from the high technology and know-how of Spain, beneficial investment projects in Spain and other factors.

The chamber will provide information about the economy of Azerbaijan and Spain and business opportunities, an expanded contact base to find business partners, the latest news about tenders, projects and exhibitions, and consultations on legal and taxation requirements.