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President Aliyev receives Georgian Prime Minister

12 October 2015 09:58 (UTC+04:00)
President Aliyev receives Georgian Prime Minister

By Nigar Orujova

Azerbaijani President Ilham Aliyev has received Prime Minister of Georgia Irakli Garibashvili in Baku on October 10.

The sides noted with the pleasure that bilateral relations between Azerbaijan and Georgia were developing successfully in the political, economic, and humanitarian as well as other spheres.

They touched upon the importance of joint projects implemented in energy, transport and infrastructure areas.

The significance of the visit of Prime Minister of Georgia Irakli Garibashvili to Azerbaijan in terms of discussing issues related to prospects of cooperation was stressed during the meeting.

Azerbaijan has long been one of Georgia’s largest trade partners. The trade turnover between the two countries amounted to $1.35 billion in 2014.

Azerbaijan mainly exports petroleum, petroleum oils and gases, gypsum, anhydrite, plaster and other products to Georgia. The motor cars, live bovine animals, bars and rods of iron, and cement are the most imported goods from Georgia to Azerbaijan.

Georgia’s natural gas imports from Azerbaijan increased by 14.1 percent in January-August 2015, the Georgian National Statistics Service. The service also reported that Georgia imported 186,100 tons of oil and petroleum products worth $96.4 million from Azerbaijan in January-August 2015.

Azerbaijan exports its gas to Georgia via a pipeline linking the two countries in the Gazakh region of Azerbaijan. The pipeline’s capacity exceeds 2.5 billion cubic meters per year.

In total, Georgia has imported $443.13 million worth oil and petroleum products since early 2015, while the country imported 174,610 tons of oil and petroleum products worth $158.55 million in January-August 2014.

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Nigar Orujova is AzerNews’s staff journalist, follow her on Twitter: @o_nigar

Follow us on Twitter @AzerNewsAz

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