BAKU, Azerbaijan, May 30. For many years Azerbaijan continues to be reliable supplier of crude oil to Israel, President of the Republic of Azerbaijan Ilham Aliyev said in a joint press statement with President of the State of Israel Isaac Herzog, Trend reports.
"Looking at some economic figures, I saw that our trade turnover is more than 1.7 billion US dollars, which is a substantial amount. But I think, in the coming years we need to try to diversify the trade turnover. Hopefully, as a result of joint projects, which we plan to implement, we will have a more balanced trade turnover. And it will not only depend on energy factor, though, for many years Azerbaijan continues to be reliable supplier of crude oil to Israel. This actually demonstrates also close cooperation in the energy field.
Today, during the discussions we also addressed the issue of how to expand cooperation in the energy field. Because we see great opportunities of investment projects, projects related to creation of interconnectors and potential projects of cooperation in third countries," President Ilham Aliyev said.