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Azerbaijan - UK relations go beyond energy cooperation - state minister

Economy Materials 22 February 2023 17:35 (UTC +04:00)
Azerbaijan - UK relations go beyond energy cooperation - state minister
Emin Sevdimaliyev
Emin Sevdimaliyev
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BAKU, Azerbaijan, February 22. The security issues of Azerbaijan and the UK are connected with each other not only in the context of the energy resources supplied by Azerbaijan, which guarantee the energy security of Europe, Minister of State of the UK for Europe and North America Leo Docherty visiting Baku said at an event on "Priorities of British Foreign Policy", Trend reports.

According to him, the role of Azerbaijan in expanding transport links in the region is a very important aspect for the UK.

The minister highly appreciated the level of cooperation between Azerbaijan and the UK.

"Energy cooperation has been the vector that determines the development of relations until today. However, in the future, relations between countries will be determined by other aspects, including renewable energy, green economy, as well as the creation of new job places in these sectors," he said.

Meanwhile, over thirty years of bilateral relations, the UK has become the largest foreign direct investor in Azerbaijan. During this period, bp invested $84 billion in the Azerbaijani economy.

At the same time, the UK's oil imports from Azerbaijan in 2022, amounting to $752.5 million, increased by 104.1 percent, compared to 2021 ($368.6 million). The UK rose three positions and ranked seventh among the main importers of crude from Azerbaijan.

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