UK Foreign Secretary: Azerbaijan continues contributing to global development

UK Foreign Secretary: Azerbaijan continues contributing to global development

Baku, Azerbaijan, May 15

By Sabina Ahmadova - Trend:

UK Secretary of State for Foreign and Commonwealth Affairs, William Hague spoke about Azerbaijan in an interview with 'The Business Year - Azerbaijan 2014' magazine.

During the interview Hague said Azerbaijan's balanced foreign policy and its positive relations with partners in the region and beyond are well known, and the country continues reaching out to new partners and contributing to global development.

"Further afield, the UK is the number one foreign investor in Azerbaijan, the U.S. and South Korea are important diplomatic partners, and Italy, France, and Indonesia are the top three destinations for Azerbaijani exports," Hague underscored.

He went on to add that Azerbaijan has trade relations with over 150 countries and cooperates with the World Trade Organization, the UN, the EU, the OSCE, and the Organization of the Black Sea Economic Cooperation.

"The scope of these bilateral and multilateral partnerships has broadened over the past year thanks to Azerbaijan's continued diplomatic efforts," Hague added.

He said the beginning of the Shah Deniz II gas project last December also reinforced Azerbaijan's importance to Europe in its capacities as an exporter and a possible transit point for energy resources from Central Asia and Europe.

"The announcement of the Shah Deniz II development is welcome news for Azerbaijan and for Europe," William Hague stressed. "It will create new linkages between our countries, new opportunities for cooperation, and new sources of trade and prosperity. It will also create new sources of supply that will strengthen energy security in the South Caucasus, Turkey, and the EU."

"Gas will remain a vital part of Europe's energy mix and additional supplies of Caspian gas will support our energy security and strengthen the resilience and competitiveness of our economies."

Hague went on to add that he is proud of the UK's central role in the development of Azerbaijan's oil and gas assets and looks forward to strengthening the valuable partnership.

He said one of the most important developments in Azerbaijan's foreign policy in recent years has been its increased humanitarian and development cooperation.

UK's foreign secretary underscored that in December 2011 Azerbaijan established its international development agency, AIDA, which operates under Azerbaijani Foreign Ministry, adding that humanitarian aid has been provided to a number of countries at the initiative of this agency.

Kazakh national atomic company's subsidiary opens tender for industrial dev't
Kazakh national atomic company's subsidiary opens tender for industrial dev't
Azerbaijan's social fund opens tender to construct residential building for IDPs
Azerbaijan's social fund opens tender to construct residential building for IDPs
Turkmenistan’s Turkmennebit to buy equipment via tender
Turkmenistan’s Turkmennebit to buy equipment via tender
Loading Bars
Latest
Turkey's transport ministry talks 1H2020 cargo movement via Samsun port
Azerbaijani president congratulates president of Belarus
Lebanon government resigns after deadly Beirut blast
Number of Uzbek companies operating in Kazakhstan surges
Zarif terms JCPOA as product of negative-sum to positive-sum transmission
Georgian Health Minister says increase in coronavirus cases not linked to the peak of virus
Top WHO official praises Turkey for fight, vaccine development against COVID-19
Azerbaijan's state budget revenues from State Customs Committee for July 2020 revealed
Total assets of Azerbaijan's Nakhchivan Bank grow
Iran's gold coin bubble has burst
Armenians of Lebanon have no right to speak on behalf of its people - Lebanese historian
Iran's Supreme Economic Coordination Council to discuss plan on economic breakthrough
Azerbaijani Nakhchivan Bank's total liabilities rise
Entry of Azerbaijani carriers to Georgia, Turkey resumed
Iran’s Bahar Azadi gold coin price rises
Turkey announces seven-month airfreight operations via its Ankara Esenboga Airport
Georgia expects rich corn harvest
Iranian Energy Exchange announces products for sale on August 11
Iran to inaugurate more industrial projects to develop domestic production
Taxes payments forecast of Iran's Tehran Province revealed
Urmia TPP connected to Iran's electricity network
Iran discloses amount of loans issued for agricultural machinery purchase
Volume of dairy products imported to Georgia decreases
Turkmen private companies participate in new construction projects in country
Kazakhstan's passenger cars export to Russia up year-on-year
Iran discloses number of enterprises put into operation
Georgian Lazi Company rehabilitates tea plantation with support of TBC Bank
Turkish ministry announces data on passenger traffic via new Istanbul Airport
DEG finances investments in financial, manufacturing, infrastructure sectors of Georgia
Data on half-year cargo shipment through Turkish Bandirma port disclosed
Kazakh national atomic company's subsidiary opens tender for industrial dev't
Azerbaijan's social fund opens tender to construct residential building for IDPs
Azerbaijani-Turkish Air Force fighters perform training flights (PHOTO/VIDEO)
Export of ammonium nitrate from Georgia decreases
Iran announces number of licenses issued for carpet weaving
MP: Creation of Azerbaijan Investment Holding can free economy from oil dependency
Kodak shares plunge after U.S. blocks $765 million loan deal
Kazakhstan sets priority dev't areas in agriculture
Turkey announces 1H2020 cargo movement via its Botas port
Turkey discloses 1H2020 volume of Libya-sent cargo transshipment via its ports
Half-year cargo shipment from China via Turkish ports announced
Details on volume of 1H2020 cargo movement through Turkish Bartin port unveiled
Georgia imposes restrictions in Mestia municipality due to coronavirus cases
Iran boosts car manufacturing
JP Morgan revises down global oil demand forecast
Various manufacturing ventures to be launched in Kazakhstan's Nur-Sultan in 2020
Dutch company plans to introduce vertical farming technology in Uzbekistan
JP Morgan: OPEC+ production to increase by 4.3 mbd from its bottom in April through December
Iranian banks not allowed buying Justice Shares below market value
OPEC+ might be facing another decision around October
Azerbaijan confirms 278 more COVID-19 recoveries
Weekly review of Georgian capital market
Second largest snail producer to appear in Georgia
Turkmenistan’s Turkmennebit to buy equipment via tender
WHO delivers another shipment of humanitarian aid to Uzbekistan
Iranian South Oil Company: country's oil industry moving towards product branding
Supply from banks at Azerbaijan's CBA deposit auction again significantly tops demand
Foreign demand on Turkish leather products reduces
Six-month cargo shipment via Turkish Trabzon port revealed
Issues of deepening cooperation with WHO discussed at Turkmenistan's Ministry of Foreign Affairs
UK shopper numbers rise after launch of state-funded dining scheme
Turkey discloses half-year cargo shipment via its Izmir port
MOL Group reveals financial statements for Azerbaijan
Georgian Wissol Group to revise fuel prices amid global trends
Turkmen garment factory discloses volume of manufactured products
Uzbekistan cement imports falls during 1H2020
Iran discloses number of restored enterprises
PASHA Kapital continues to lead in volume of operations on Baku Stock Exchange
Iran boosts exports via Khorramshahr customs
Zanganeh: most of Iran's oil equipment supplied at expense of domestic production
Iran reveals number of licenses issued to industrial enterprises in Bushehr Province
Iran-Afghanistan-Uzbekistan transit corridor activated
Uzbekistan to accelerate development of country's Sokh district
Azerbaijan's social fund for IDPs to construct four-storey building via tender
Data on transactions at Turkmen State Commodity Exchange for July 2020
Marriott posts first quarterly loss in nearly nine years as virus hits bookings
Over half of transactions at Baku Stock Exchange account for public securities
COVID-19 impacts entire economic process, including German-Kazakh economic relations
Iranian minister: Iran should not be afraid of lack of oil exports
Iran reveals number of wagons needed for Tehran metro
Baku Stock Exchange reveals transactions on corporate securities in 1H2020
President Ilham Aliyev attends sail away of Garabagh field jacket (PHOTO/VIDEO)
Rights for subsoil use of hydrocarbons be issued via online auctions in Kazakhstan
Volume of half-year LPG shipment via Turkish ports announced
Mortgage lending provided via state grows in Azerbaijan
Russia becomes main importer of Uzbek textile
Cargo movement via Azerbaijani part of TRACECA down since early 2020
Croatian media features Armenians' hate crimes against Azerbaijanis
Iran reveals its COVID-19 data for August 10
Hoagland: Southern Gas Corridor is very important achievement for energy security in Europe
Azerbaijani president phones president of Belarus
UK says getting children back to school is a national priority
ISO: Turkmenistan adheres to int'l quality standards
Azerbaijani oil prices (August 3-10)
Hoagland comments on distortion of his remarks by VOA Armenian Service on Karabakh conflict
Uzbekistan increases revenues of its state budget
Rally in support of Azerbaijani army held in Israel
Kazakhstan increases export to Netherlands despite COVID-19
Iranian official: water level in Caspian Sea decreases
Iran-Iraq Shalamcheh border reopens after week of closure
All news