Baku, Azerbaijan, May 17
By Anakhanum Idayatova - Trend:
Azerbaijan and Croatia will discuss the development of economic relations during the joint intergovernmental commission's second meeting, which is planned to be held in autumn 2016, Charge d'Affaires of Croatia in Azerbaijan Refik Sabanovic told Trend May 17.
Sabanovic said that the meeting of the intergovernmental commission on economic cooperation will be held in October 2016 in Baku and it is planned to hold a business forum within the meeting.
During the meeting, the parties will discuss opportunities to increase investments, to expand business cooperation and other relevant issues.
A solid legal base was laid for a successful cooperation in various fields between the two countries; more than 20 treaties and agreements were signed, and additional 13 are under consideration.
Spheres of energy, machine building, telecommunications, agriculture, fishing and pharmacology can be distinguished among the promising areas of cooperation between Croatia and Azerbaijan. An increase in the number of tourists thanks to the opening of direct flights between the two countries is also seems to be real.
As part of ensuring Europe's energy security, Croatia and Montenegro hope to build by 2020 a pipe bend from the Trans Adriatic Pipeline (TAP), which is designed to transport natural gas from the Caspian and Middle East regions to Western Europe.
The pipeline's length should be about 520 kilometers. TAP is planned to be laid from Azerbaijan through Greece, Albania and the Adriatic Sea to Italy.
Edited by SI
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