China decisively backs Azerbaijan's efforts for maintenance of territorial integrity Chinese Amb

China decisively backs Azerbaijan's efforts for maintenance of territorial integrity  Chinese Amb

Interview of Trend with the Extraordinary and Plenipotentiary Ambassador of China to Azerbaijan, Chan Khaichzhou

Question: In what spheres would China desire to strengthen the relationships with Azerbaijan? Are there any changes in the priorities of cooperation since the moment of opening of the Japanese embassy in Baku?

Answer: The friendship between China and Azerbaijan has deep roots dating to ancient time and the Great Silk Route testifies for the traditional friendship of the two nations. China attaches great importance to the development of the bilateral relationships with Azerbaijan. China is one of the first countries which recognized the independence and sovereignty of Azerbaijan, established diplomatic relationships with Baku. Since the establishment of the diplomatic relationships with Azerbaijan in 1992, China has been putting every effort for the extension of comprehensive relationships and cooperation on the base of principles of equality, mutual benefits and mutual respect.

In 1994 Azerbaijani President Heydar Aliyev for the first time paid an official visit to China. During the visit the two countries signed a joint statement on bases of friendly relationships between China and Azerbaijan, as well as over 30 important documents, which laid firm foundation for the development of bilateral relationships. Over the past 10 years the Chinese-Azerbaijani relationships have been deepened. China and Azerbaijan mutually back each others sovereignty and territorial integrity, respect the ways of development their peoples chose in compliance with their specifics and also support close consultations and cooperation on important issues in the international arena. We are friendly partners which can trust in each other.

At present identical realities are being observed in China and Azerbaijan. Both countries are undergoing the transition period and face with serious challenges of economic globalization. Both countries have a heavy task on search of ways of development and achievement of socio-economic progress and prosperity. Continuous deepening of relationships and exchange of experience in different spheres meet both countries interests.

As you know in March 2005 Azerbaijani President Ilham Aliyev paid an official visit to China. He held vary important meetings and talks with the chairman of the Peoples Republic of China, Khu Tzintao. During the visit both sides signed 13 documents on cooperation in the sphere of politics, economy, science and engineering, trade, culture, sports, tourism, etc., which made comprehensive the further bilateral relationships and gave impetus to continuous cooperation between China and Azerbaijan. At present the embassies and other administrations of the two countries do all possible for cooperation, which constantly deepens the traditional friendship and cooperation of the two countries.

China pursues independent peaceful foreign policy, policy on development of friendship and cooperation with all countries on the base of principles of mutual respect, mutual benefits and mutual equality. The Chinese-Azerbaijani relationships are also firmly based on this immutable base

Question: What is Chinas position in the issue of resolution of the Armenian-Azerbaijani conflict over Nagorno-Karabakh?

Answer: Mutual respect and support to the sovereignty and territorial integrity of each other is the political basis for the Chinese-Azerbaijani bonds. China decisively supports Azerbaijans efforts directed at maintenance of its sovereignty and territorial integrity. China approaches with understating Azerbaijans concerns in connection with the Nagorno-Karabakh conflict and sincerely believes that Azerbaijan and Armenia would be able to resolve the conflict based on the UN Charter and Principles, as well as UN Security Council resolutions, and it will finally bring happiness and prosperity to the people of Azerbaijan, as well as the nations of the region..

As a UN Security Council permanent member, China is ready jointly with the world community to make a constructive contribution to the conflict resolution process.

Question: What spheres of Azerbaijani economy are more attractive for Chinese investors? Are the telecommunications and automobile-building sectors among them?

Answer: Azerbaijan is an attractive and new market for Chinese investors. Over the past few years there has been observed boom in economic growth both in China and Azerbaijan. It opens broad opportunities for mutually profitable cooperation. The Chinese government approves and encourages active foreign cooperation of the national enterprises with the foreign companies. Thanks to this policy the Chinese businessmen come to Azerbaijan to seek opportunities for cooperation.

At present the China-Azerbaijan cooperation stepped to a stage of ordinary commercial relationships, while the amount and scale of interaction are expanded in the sphere of new technologies, energy, communications, and service. For instance, Chinese company HUA WEI presented advanced and economical variants of resolutions in the project of reconstruction and modification of fixed telephone networks for Baktelecom and for the first time built Hi-Tec and premium quality NGN (next generation network) in Baku. The company introduced new style of thinking in the communitarians and received approval and recognition by the Azerbaijani counterparts. Over the last year the volume of consumption of the companys products in the Azerbaijani market made up $20m.

Another example is that on 7 March 2006 the South Chinese Air Company opened its permanent passenger flights Urumchi-Baku, will inevitably promote closer exchange of experience between China and Azerbaijan.

In 2005 the amount of goods turnover between the two countries made up $258m, of 40.4% more as compared to 2005. I am sure that further deepening of mutual understating between the entrepreneurs of the two countries will reveal new contacts for cooperation and format of mutual relationships will be further interruptedly expanded and updated.

Question: What is the amount of investing by the Chinese companies in Azerbaijani company and what are the forecasts for 2006?

Answer: In compliance with the Chinese statistics, the total amount of capital investing by the Chinese companies in Azerbaijan is $300m. Chinese enterprises expand their activities on the base of mutual profits and greatly contribute in the development of the Azerbaijani economy. Starting from 2002 a daughter company of Chinese Oil and Gas Corporation in Azerbaijan SNPC started investing in the exploitation of the onshore oil and gas fields. Azerbaijans incomes only from one facility of K & K field comprise $125m. Besides, the company attracted 900 Azerbaijani citizens to its operations in this country. The company also spent $460,000 in charity purposes.

I know that capital investing in the amount of $300m is not so big figure and does not suit the economic development and potential of cooperation between the countries. As far as I know, the Azerbaijani government now is planning to establish special economic zone and is ready to carry out cooperation in the fields of agriculture, science, engineering, transport, and construction infrastructure.

There is a tendency of progressive growth of economy in Azerbaijan and I am sure that it attracts more and more investors, including those from China. I guess they could do more for the economic development of Azerbaijan.

Question: At present Chinese companies are actively involved in oil production in Azerbaijan. Are the Chinese investors still interested in the development of new oil and gas fields in Azerbaijan?

Answer: At present China produces approximately 200 million tons of crude a year. However, this volume is insufficient for rapid development of the countrys economy. Azerbaijan possesses rich oil and gas reserves. The energy cooperation between China and Azerbaijan meets both countries interests, which is the positive aspect for maintenance of bilateral cooperation. At present big and influential oil and companies of China, as SNPC and SINOPEC, which possess high-technological level set up business in Azerbaijan.

To speak frankly, the volume of cooperation is not sufficient for the time being. China is keen on expansion of cooperation and its further deepening. We hope very much to see the cooperation in the energy sector to be in speedy progress.

Subscribe to Trend in Google News! Subscribe
Russia concerned about aggravation of situation on Azerbaijan-Armenia border – MFA (UPDATE)
Russia concerned about aggravation of situation on Azerbaijan-Armenia border – MFA (UPDATE)
EU Special rep 'worried' over reports on incidents on Armenian-Azerbaijan border
EU Special rep 'worried' over reports on incidents on Armenian-Azerbaijan border
Information spread in Armenian media about killing of illegal militant on territory of Azerbaijan is baseless – MoD
Information spread in Armenian media about killing of illegal militant on territory of Azerbaijan is baseless – MoD
Loading Bars
Latest
Iran eyes to complete energy project in East Azerbaijan province within 3 years
Turkmenistan eyes to utilize full potential in transport and logistics sector
National Iranian Drilling Company declares number of oil-gas wells drilled in country
Azerbaijan reveals time of completing Khudaferin, Giz Galasi HPPs
IsDB Institute releases pioneering E-Book reader app (PHOTO)
Turkey shares data on export of cement and glass ceramics to Azerbaijan
Indians placed record bets on US stocks in 2021
Azerbaijani Health Insurance Agency open tender to buy ICT equipment
Uzbekistan to complete construction of several large complexes in 2023
Iran to facilitate carpet export via Ardabil province
Iranian currency rates for January 24
Armenian media names probable candidates for presidency
Turkey records increase in number of real estates purchased by Iranian citizens
Azerbaijani currency rates for January 24
Turkish export of cars to Azerbaijan up in 2021
Azerbaijan names amount of payments for risky operations to budget in 2021
Azerbaijan develops modular project for border risk management system
Launch of bus routes to Azerbaijan's liberated lands to play crucial role in integration of these territories - official
Turkey registers rise in number of companies with Azerbaijani capital for 2021
Kazakhstan’s Atyrau Refinery opens tender to buy welding electrodes
Georgia’s oil imports from Turkmenistan almost triple
Iran sees continuous increase in gas consumption
Iran reveals estimates on value of non-oil exports
Iran records decrease in water reserves of dams
Oil prices rise on supply fears amid tensions in Eastern Europe, Middle East
Iran provides loans for Persian shallot cultivation
Singapore core inflation rises at fastest pace in nearly 8 years
TRACECA eyes launching new pilot project within Europe-Caucasus-Asia corridor (Exclusive) (PHOTO/VIDEO)
Cargo transportation through Iran's Shiraz International Airport up
Iran shares data on monthly sales of goods at Mercantile Exchange
Iran's Persian Gulf Bid Boland Gas Refining Company boosts natural gas refining
Weekly review of Azerbaijani currency market
Firefighters gaining control of wildfire that closed scenic California highway
2021 was successful year in Azerbaijan in terms of strengthening social protection of citizens
UAE, Saudi Arabia thwart separate Houthi attacks
First bus of Baku-Shusha-Baku route departs (PHOTO)
Truckers fighting government vaccine mandate march to Canadian capital
Coronavirus cases remain high as minister renews warning about Istanbul
Biden Weighs Deploying Thousands of Troops to Eastern Europe and Baltics
French adventurer Jean-Jacques Savin dies attempting to row solo across the Atlantic
Taiwan reports new large-scale Chinese air force incursion
Two Pakistani fisherman drown, 10 missing after boats sink
Clashes in Brussels as thousands protest at COVID health pass and restrictions
Azerbaijan State Customs Committee records rise in number of risk profiles in CNFEA
Azerbaijan launches regular bus routes to liberated territories
Georgia’s imports of copper ores from Azerbaijan down
Islamic State claims responsibility for attack in Herat, Afghanistan
Speaker of Armenian National Assembly to temporarily be Acting President
Georgia’s revenues from tourism to surge in 2022 – Galt & Taggart
Italy reports 138,860 COVID cases on Sunday, 227 deaths
Minister of Roads and Urban Development of Iran to visit Azerbaijan
Armenian president resigns
Iraq schedules crude shipments for March loading amid strong demand: Official
Italy's Berlusconi hospitalised in Milan since Thursday
Turkey sees increase in number of real estate purchased by Kazakh citizens in 2021
Talks between Taliban and Western and Afghan representatives underway in Norway
Azerbaijan shares data on number of vaccinated citizens
Iran’s Bahar Azadi gold coin price rebounds
Azerbaijan confirms 1,697 more COVID-19 cases, 526 recoveries
Some 72 COVID-19 cases recorded among those arrived at Beijing Olympics
Thai PM to visit Saudi Arabia as diplomatic relations thaw
US Navy says it detained ship delivering cargo for Houthis from Iran
Biggest problem with US is its support to YPG: Defense minister
Russia confirms over 63,200 COVID-19 daily cases
Azerbaijan prioritizes creation of food safety through local production
Azerbaijani Defense Ministry presents weekly review (VIDEO)
Expat doctors worked alongside Kuwaiti counterparts to revive Kuwaiti health sector: Dr Riyadh Khan
Iran reveals COVID-19 data for January 23
Weekly review of main events of Azerbaijani financial market
Weekly review of main events in Azerbaijan’s ICT sector
Iran discloses volume of electricity generated by Gilan Combined Cycle Power Plant
Weekly review of Azerbaijani precious metals market
Azerbaijan commissions new military facilities (PHOTO/VIDEO)
Tickets are available for two bus trips to Azerbaijan’s liberated Aghdam city
Tank and artillery shells found in Azerbaijan’s Samur-Absheron canal (PHOTO/VIDEO)
Bosphorus Strait temporarily closed in both directions
One person killed, two hurt in Budapest hospital fire -police
Intercity bus plunges into abyss in Turkey’s Istanbul city
An extra meal and snacks twice a day was all it took to improve falling nutrition levels in this tribal district
Almost all Kazakhstan remains in COVID-19 ‘red zone’
Nadal beats Mannarino in battle of left-handers to reach last eight
Azerbaijan holds training exercises in commando military unit (VIDEO)
Georgia reports 9,696 coronavirus cases, 5,408 recoveries, 28 deaths
Training session for reservists continues in Azerbaijan (VIDEO)
Iranian currency rates for January 23
Arab League delays annual summit as COVID-19 bites again
Turkey plans to hold next meeting within "3 + 3" format - Erdogan
New Zealand PM Jacinda Ardern cancels her wedding amid new Omicron restrictions
S.Korea says Iran to regain UN vote after delinquent dues paid with frozen funds
Electricity generation of Iran’s Bandar Abbas TPP surges
Uz-Kor Gas Chemical opens tender for purchase spare parts for analyzers and gas detectors
SCO to consider draft program proposed by Uzbekistan
Iran-Russia annual trade to increase to $10 b from $4 b
Kazakhstan confirms 14,012 new COVID-19 cases in 24 hr
French EU lawmaker Collard joins far-right presidential candidate Zemmour
Pfizer, Moderna boosters up to 90% effective against Omicron: CDC
Turkey’s Turkovac to be tested as booster for Pfizer-BioNTech jab
Guinea junta establishes council to lead transition to elections
Visit aims to rebuild trust with Lebanon: Kuwait foreign minister
UK records 76,807 new COVID cases, 297 deaths
All news