FM: Azerbaijan – Germany’s main trade partner in S. Caucasus (UPDATE)
Details added (first version posted on 15:01)
Baku, Azerbaijan, June 30
By Seba Aghayeva - Trend:
Azerbaijan is Germany’s main trade partner in the South Caucasus, said Azerbaijan’s Foreign Minister Elmar Mammadyarov.
He made the remarks during a briefing following the talks with the OSCE Chairperson-in-Office and German Federal Minister for Foreign Affairs Frank-Walter Steinmeier in Baku June 30.
He pointed out that the relations between Azerbaijan and Germany are developing rapidly.
“A large number of German companies operate in Azerbaijan,” said Mammadyarov. “We are confident that the energy and economic projects proposed by Azerbaijan to Germany will be of interest for this country.”
Steinmeier, for his part, said that Azerbaijan is a new strong player in the South Caucasus.
“We have succeeded to move forward in a number of issues which were raised previously,” said the German minister. “I am glad that Azerbaijan managed to achieve progress in this sphere.”
The trade turnover between Azerbaijan and Germany stood at 415.33 million manats in January-May 2016 and Germany accounted for 6.51 percent of Azerbaijan’s total trade turnover, according to Azerbaijan’s State Customs Committee. In these terms, the country ranks fourth among Azerbaijan’s foreign trade partners.
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