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Port of Baku presented at European Parliament

Business Materials 11 November 2016 20:54 (UTC +04:00)
A presentation of the Baku International Sea Trade Port was held at the European Parliament in Brussels, Belgium
Port of Baku presented at European Parliament

Baku, Azerbaijan, Nov. 11

By Maksim Tsurkov – Trend:

A presentation of the Baku International Sea Trade Port was held at the European Parliament in Brussels, Belgium, said the port in a message Nov. 11.

The presentation was held during the working visit of the port’s head Taleh Ziyadov to Belgium.

Addressing the presentation, Ivo Vajgl, a member of the European Parliament from Slovenia, noted that Azerbaijan, besides being a reliable energy partner of the EU, will also be a strategic transportation partner.

Ziyadov, for his part, said that transportation and logistics infrastructure, petrochemical and pharmaceutics zones are planned to be created in the free trade area in the Baku Port’s territory, and the work to produce, package and label different products will be carried out there.

Therefore, 1,000 jobs will be created in the free trade zone that will contribute to attraction of big investments to Azerbaijan, noted Ziyadov.

During the visit, Ziyadov also held negotiations with Henrik Hololei, director general for mobility and transport at the European Commission, and discussed prospects of future cooperation.

Azerbaijan's President Ilham Aliyev signed a decree March 17, 2016, on measures to create a free trade zone type special economic area covering the territory of the Baku International Sea Trade Port in the Alat township of Baku’s Garadagh district.

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Follow the author on Twitter: @MaksimTsurkov

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