BAKU, Azerbaijan, July 18. The EU-Azerbaijan Cooperation Council will meet tomorrow in Brussels, President of the European Commission Ursula von der Leyen said making a press statement together with President of Azerbaijan Ilham Aliyev, Trend reports.
"President Aliyev and I discussed the full range of our relation and cooperation. The EU-Azerbaijan Cooperation Council will meet tomorrow in Brussels and discuss how to take forward our bilateral cooperation. We are working right now on a new bilateral agreement that we hope to conclude soon. The aim is to further expand the strong economic partnership we do have. Indeed, the European Union is: the first commercial partner of Azerbaijan; its first export destination; and one of its most important sources of investments. And we want to expand this. We are investing EUR 60 million of EU funds in Azerbaijan until 2024. And the Economic and Investment Plan has the potential to mobilise up to EUR 2 billion in additional investments. It is already at work, supporting round about 25,000 Azeri small and medium companies, and making the Port of Baku a sustainable transport hub
This is for us very important, because this leads indeed to the topic of connectivity that you have mentioned. We also discussed that," she said.