Ilham Aliyev: Azerbaijan reliable partner in oil deliveries to European markets

Ilham Aliyev: Azerbaijan reliable partner in oil deliveries to European markets

Baku, Azerbaijan, June 29


Azerbaijan is already a reliable partner regarding oil deliveries to European markets, Azerbaijani President Ilham Aliyev said in Warsaw at the Azerbaijan-Poland business forum.

“First of all, once again I would like to express my gratitude to Mr. President [of Poland Andrzej Duda] for invitation to visit Poland, and for hospitality shown to me and our delegation,” Ilham Aliyev said.

“Today we are entering a new stage of development of our cooperation. My visit to Poland is very successful. We signed many documents. Among them I would especially underline the Joint Declaration on strategic partnership and economic cooperation.”

“Actually, this elaborates a new road map in development of our political and economic relations,” Ilham Aliyev noted. “The name of the declaration demonstrates how much importance we pay to economic cooperation. Today’s business forum is another indicator of that because business communities are very sensitive and they clearly understand that today the high level of political relations between Poland and Azerbaijan opens new opportunities for them. And as far as I know today at the business forum several agreements will be signed between our companies.”

“Of course, the current level of our trade turnover cannot satisfy us,” the Azerbaijani president said. “Today with Mr. President [Andrzej Duda] and with delegations we discussed the ways how to increase trade turnover. There is a good opportunity to stimulate our economic ties, and also to have a very clear picture of our export potential, what we can export to each other and what kind of joint business projects we can implement.”

“I would like to congratulate our Polish friends and partners on very rapid economic development,” Ilham Aliyev said. “Poland today demonstrates probably one of the highest rates of economic growth, political stability, economic stability. Development today creates very good opportunities for your country to strengthen your path to progress.”

“As far as Azerbaijan is concerned, our country is relatively young,” he noted. “Independence was restored only 25 years ago. We celebrated it last year. And these years were the years of transformation - political, social and, of course, economic. Today Azerbaijan demonstrates also very good economic performance. Since 2004, our economy has grown more than three times, and we managed also to reduce unemployment and poverty down to the level of five-six percent.”

“Now, the private sector is more than 70 percent of our GDP and our financial reserves are four-five times bigger than our foreign debt,” Ilham Aliyev said. “So, economically and politically Azerbaijan is a stable country, a country, which has attracted more than $200 billion worth of investment during the last 20 years. Approximately, half of them are foreign investments. A good investment climate and a very friendly environment for foreign investors create good opportunities for companies to work in Azerbaijan.”

“We want to work with polish companies as partners in different projects in Azerbaijan, in Poland,” he noted. “We want to enter the projects related to investment. We invite companies from Poland to be our partners in projects, which are being implemented in Azerbaijan – energy, transportation, construction projects. We invite them as contractors. We invite companies to invest in the areas where there is potential for market in Azerbaijan and in the neighborhood. I think that having such good political relations and a clear vision for economic cooperation, we can, in a very short period of time, achieve success, increase turnover, I think, by several times, and create a very solid foundation for business communities.”

“Azerbaijan is implementing important energy and transportation projects, which go far beyond our borders,” Ilham Aliyev said. “On transportation, as Mr. President mentioned, we already entered joint activity in creation of corridors. Azerbaijan has been working on transportation corridors for many years. Now all the necessary infrastructure, transportation infrastructure has already been created. We have railroad connections with all our neighbors to the north, to the south, and to the west.”

“We have six international airports, which can receive all types of aircrafts,” the Azerbaijani president said. “Our cargo fleet is one of the leading cargo fleets in the world, which works globally. Our country is connected with the neighborhood with a chain of brand new highways, and we increase the volume of transportation through the newly-built port, the biggest in the Caspian Sea. Its first stage is already in operation, and next year the completion of the port will allow us to handle at least 15 million tons of cargo and one million containers.”

He noted that test container trains from China to Europe are already crossing through Azerbaijan.

“So, East-West transportation corridor is almost implemented,” he said. “Azerbaijan invested not only inside the country, but also provided a financial support of more than $700 million to construct a railroad in Georgia. At this stage we are in the final stage of negotiations with our Iranian neighbors on providing financial support for construction of a railroad in Iran, which will connect Iranian railroads with our railroads. Thus, we will create a multiple corridor format, which will stretch from northern Europe to India through Azerbaijan, and East-West from China to Western Europe.”

“Another corridor, which we are working on now together with our Polish friends is the South-West corridor, which Mr. President [Andrzej Duda] also mentioned,” Ilham Aliyev noted. “And I’m glad that Poland is our partner. The time of delivery of cargos through North-South and East-West corridors through Azerbaijan will be at least two times shorter than traditional routes. It will create a lot of activity, generate a lot of wealth, and bring new areas of cooperation.”

“Another important project, which we are implementing and which is also highly supported in Europe, is the Southern Gas Corridor project, which today is the only new source of gas delivery to Europe,” he said. “The Southern Gas Corridor is a project, which was initiated by Azerbaijan several years ago. It’s a project worth $40 billion and it`s almost implemented. We need two-three years in order to complete this project by 100 percent. Now the implementation of different segments of that project is from 40 to 95 percent. This will be another source of natural gas to Europe.”

“This will mean energy diversification, energy security, sustainable delivery of natural gas to European markets,” he noted.

“We discussed with Mr. President the future prospects of cooperation in this area. Our cooperation with Poland also is very successful. So, these major driving forces of our cooperation are important as global projects of energy and transportation security, but at the same time, they open big opportunities for private companies to be part of these projects. And I invite once again the companies from Poland to be our partners. We want to establish closer economic and business contacts. Poland for us is a very friendly country, and a country, which has a great potential not only in Europe, but globally, and has very good international positions.”

“I today congratulated my colleague President Duda on tremendous success regarding the election as a non-permanent member of the Security Council of United Nations with the support of almost 200 countries,” Ilham Aliyev said. “This is a sign of international respect for your country and appreciation of what you are doing. And you can be sure that in the area of South Caucasus and Caspian you have also a reliable friend and partner, a capable friend, a friend, which keeps its word and wants to strengthen our cooperation.”

“Therefore, I am sure that business communities of our countries will elaborate broadly on the opportunities,” the Azerbaijani president noted.

“I’m sure today you will discuss different projects in the area of agriculture, industry, tourism, pharmaceuticals and other areas of cooperation where we have huge potential. We already discussed it with President Duda, and I’m sure that your discussions and your interaction will bring good results. So, once again, I would like to welcome you, express my gratitude for being at the forum and wish you success. Thank you very much.”

Iran reveals COVID-19 data for January 19
Iran reveals COVID-19 data for January 19
Iran reveals COVID-19 data for January 18
Iran reveals COVID-19 data for January 18
Iranian COVID-19 vaccine enters fourth stage of human trial
Iranian COVID-19 vaccine enters fourth stage of human trial
Loading Bars
German authorities bust suspected human trafficking gang
Yellen tells lawmakers to 'act big' on coronavirus relief
Tunisian protesters revive 'Arab Spring' chant, riots continue
Germany extends lockdown to Feb. 14 on fears of COVID-19 variants
Qatar's foreign minister wants Gulf Arab nations to talk with Iran
US introduces sanctions against companies and ships due to trading Venezuelan oil
Shopping malls and fairs staff to be Covid-tested regularly
East Kazakhstan plans to vaccinate 20% of its population
Azerbaijan commemorates 31st anniversary of January 20 tragedy
Azerbaijan discloses foreign trade turnover volume
Investors pump $125 million into EV charging startup Volta
President Ilham Aliyev makes Facebook post on anniversary of 20 January tragedy (PHOTO)
Turkey registers 6 818 new COVID-19 cases
Georgia starts developing US-Georgia economic cooperation plan
Iranian Energy Exchange announces products to be on sale on January 20
International Bank of Azerbaijan's net profit declines in 2020
Kazakhstan increases imports from Sweden year-on-year
We propose to declare Shusha cultural capital of Turkic world in 2022 - SecGen of Turkic Council
Liberation of Azerbaijani lands is not just victory for Azerbaijan, it is great victory for entire Turkic world - Turkic Council SecGen
Moral and political support in such difficult time means a lot for our people - President Aliyev
Brussels targets vaccinating at least 70% of EU adults by summer
Shusha will see many international events - President Ilham Aliyev
I think that we will all see revived cities in near future - President of Azerbaijan
Turkic Council is organization that supported us most during war - President of Azerbaijan
We must protect our land and rely only on our own strength - President of Azerbaijan
20th century has not seen such barbarism, vandalism and destruction, deliberate destruction of cities, villages - President Aliyev
Foreign journalists called Aghdam “Hiroshima of Caucasus” - President Aliyev
Azerbaijani Finance Ministry’s securities in great demand at Baku Stock Exchange
Pomegranate orchards to be planted in Azerbaijan's liberated lands
Vatican responds to appeal of CMO chairman on Nagorno-Karabakh
Soviet leadership tried to break will of Azerbaijani people by sending troops to Baku in 1990 - MP (VIDEO)
Azerbaijan, Afghanistan, Turkmenistan sign roadmap to intensify co-op in several spheres
Azerbaijan lists documents needed for visa-free entry for Turkish citizens
Azerbaijan shows footage from Chopurlu village of Kalbajar district (PHOTO/VIDEO)
Russia sends additional equipment to Azerbaijan for demining liberated lands (PHOTO/VIDEO)
Azerbaijan to assess possibilities for dev't of agrarian sector in its liberated lands
Azerbaijan, UAE to ink final agreements on solar energy projects
Azerbaijan’s Baku executive power opens tender to buy spare parts for trucks
Georgia to approve national vaccination plan
MasterCard company seeks to facilitate use of modern payment technologies in Georgia
Uzbekistan’s fuel export to Tajikistan increases in 2020
Bahar Azadi gold coin price rebounds in Iran
Azerbaijan develops program for recycling old cars
TOP-5 trade partners of Azerbaijan in 2020
Azerbaijani ministry highlights work to expand countrywide Internet traffic
Economy Ministry talks main reasons for surge in Georgian Railway's expenditures
State share of Uzbekistan’s enterprise on production of asphalt concrete mixtures sold via electronic auction
Kazakhstan multifold decreases export of petroleum oils to Italy amid COVID-19
Meeting with German experts held in Ministry of Healthcare and Medical Industry of Turkmenistan
International Bank of Azerbaijan unveils 2020 total liabilities
Azerbaijan presents innovative solution in field of entrepreneurship
Israeli pensioners party after COVID-19 booster shots
Turkmenistan’s expanded clay plant names production volume for 2020
Azerbaijani ministry discusses damage to Kalbajar's flora caused by Armenia (PHOTO/VIDEO)
Azerbaijan talks COVID-19 vaccination document for traveling abroad
Istanbul International Airport declared to be busiest airport in 2020
New solar panel station launched in Iran's Yazd Province
IEA forecasts Azerbaijan’s 2021 oil output
HSBC to axe 82 branches in UK, cut services in others
Iran progresses with gas production, distribution
French media reported second Karabakh War only from Armenia's viewpoint - famous photojournalist (PHOTO)
Iran's budget plan aims to solve problems of low-income households
Kazakhstan's 2020 coal extraction volume exceeds plan
Netherlands slightly increase petroleum oil exports volume from Kazakhstan
Uzbekistan’s coal production significantly increases in 2020
Gold price down in Azerbaijan
Armenia's revanchist statements against Azerbaijan threaten primarily its people - Ukrainian expert
Azerbaijan discloses timeframe for commissioning Victory Road to Shusha city (PHOTO)
Georgia reveals revenues from tourism in 2020
Uzbekistan considers measures for expanding industrial products export
Georgian Adjara boosts tangerine exports as subsidy program continues
IEA talks Kazakhstan's OPEC+ deal compliance says oil production remains unchanged
Azerbaijan confirms 949 more COVID-19 recoveries
Azerbaijan's contribution allows reducing greenhouse gas emissions - minister
Azerbaijan ranks with top CIS countries having least public, foreign debts in 2020
Share of Chinese goods in Azerbaijan's total imports grows markedly
Azerbaijan bans import of plastic bags, disposable tableware
Iran reveals COVID-19 data for January 19
Uzbekistan's MFA talks co-op plans with Turkmenistan for 2021
Trade remains main target of Georgian commercial banks for financing
Kazakhstan expands list of activities for several special economic zones
Azerbaijani transport agency's chief sums up activities in 2020
Director of Azerbaijani IT company talks partnership with Slack company
Baku Higher Oil School to host webinar on ‘Natural Resources of Karabakh’
IEA assesses Azerbaijan’s compliance with OPEC+ deal
Azerbaijan ready for co-operation with Iranian companies
Azerbaijan expanding railway co-op with Iran
New copper and gold field discovered in Azerbaijan
Almost 90% see market bubbles in Deutsche Bank investor survey
Uzbek MFA names latest data of trade turnover with Turkmenistan
Boeing 737 MAX to get EU flight clearance next week
How much Azerbaijan's population spend on automobile fuel in 2020?
President Aliyev receives Secretary-General of Cooperation Council of Turkic-Speaking States in video format (PHOTO)
Kazakhstan reports annual increase in production of gold, zinc ore
Uzbek-Korean JV extends tender for purchase of hydraulic ejector
Azerbaijani president expresses condolences to Indonesian counterpart
Turkmen company starts export of environmentally friendly building materials
Kazakhstan’s freight transportation operator opens tender to buy fuel
Azerbaijan's Economy Ministry unveils volume of sold products in industrial parks
Iran's trade turnover with India shrinks
All news