...

SITTING OF AZERBAIJANI-GEORGIAN COMMISSION ON ECONOMIC COOPERATION HELD IN GYANJA

Politics Materials 18 July 2005 19:50 (UTC +04:00)
SITTING OF AZERBAIJANI-GEORGIAN COMMISSION ON ECONOMIC COOPERATION HELD IN GYANJA

The Georgian Prime Minister Zurab Nogaideli who arrived in Gyanja on 18 July after attending the grave of the Azerbaijan’s ex-president Heydar Aliyev, took part in the sitting of the Azerbaijani-Georgian commission on economic cooperation.

The major reason for holding the event in Gyanja is the development of regions and the strategic importance of Gyanja from the economical standpoint and its location on the area close to the trade between the East and the West and on the Silk road, the Trend regional correspondent reports.

Along with the Prime Minister, the Georgian Ambassador to Azerbaijan Zurab Gumberidze and representatives of the Georgian government took part in the event from the Georgian side.

The Azerbaijani side has been presented, except for the deputy Prime Minister Abbas Abbasov, by the deputy Foreign Minister Khalaf Khalafov, the Ambassador of Azerbaijan to Georgia Ramiz Hassanov, chairman of the Azerenerji OJSC Etibar Pirverdiyev, head of the Gyanja executive power Eldar Azizov and other.

The event has started with the opening address of the deputy Prime Minister Abbas Abbasov. He reported on cooperation in economical, political, scientific, educational fields between Azerbaijan and Georgia. It has been noted in his address that the trade turnover between Azerbaijan and Georgia during the current year was $203,4, which is 1,7 times more as compared to the 2003 indicator.

Georgia received from Azerbaijan mainly oil and oil products, Georgia delivered to Azerbaijan fruit, water, chemical products, building materials. 6, 4 million tons of oil have been exported through the Baku-Supsa pipeline in 2004. 24 billion cu m gas is planned to import through the gas pipeline Baku-Tbilisi-Erzerum in 2006. 400,000 tons of oil products were exported from Azerbaijan to Georgia amounting to $115 million last year.

He also reported, that 55 Georgian companies are operating in Azerbaijan, of which 29 are with the 100% Georgian capital and 6 Joint Ventures. And in Georgia, 82 Azerbaijani companies are operating, 59 out of which owned by Azerbaijan and 16 of them are Joint Ventures.

The Georgian Prime Minister Nogaideli addressed the event. He noted that he is happy with the level of economic cooperation development between Azerbaijan and Georgia and that this commission will facilitate the strengthening of cooperation.

The agreement on mutual cooperation was signed at the end of the event. Zurab Nogaideli signed from the Georgian side, the deputy Prime Minister Abbas Abbasov вЂ" from the Azerbaijani side.

The agreement signed consists of 6 parts and 30 provisions. The agreement envisions mainly the trade turnover increase, holding of workshops, labour fairs, regional conferences for development of joint projects with identification of investment opportunities of the Georgian regions.

Thus, the issues of security of the Baku-Tbilisi-Ceyhan oil pipeline have been reflected in the document as well as a joint cooperation in the future of the Dashkesan ore-mining plant, the Rustavi metallurgical plant and the Sumgaiyt Azerboru plant. The issues of export and import of energy carriers, chemical compounds are reflected in the document.

After the event the guests attended the tomb of Djavadkhan, the Nizami Mausoleum and the JSC “Sharab-2”.

Later on the Georgian Prime Minister left for Baku.

Latest

Latest