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Number of Azerbaijani Students Studying Abroad to be Increased

Business Materials 21 September 2007 20:41 (UTC +04:00)

Azerbaijan, Baku / Trend / Heydar Babayev, the Azerbaijani Minister of Economic Development, met with Malcolm Wicks, the Energy Minister of Great Britain.

The economic relations between both countries, transmission of the resources of Central Asia to Europe via Azerbaijan, and the role of Azerbaijan and Central Asia in diversification of the European energy policy were the relevant issues of the discussions.

About one hundred Azerbaijanis will be able to receive education abroad within the framework of the State Program in 2007. The number of students will be increased by 1,000 in the future.

The next relevant changes will be implemented in the Azerbaijani energy sector. The negotiations are being held with the British International Power company.

More than one hundred British companies function in Azerbaijan's oil, gas, construction, insurance, banking, audit, transport, tourism, telecommunications, and many other industries.

The volume of trade between Azerbaijan and Great Britain made up $459.3mln in 2006 and $185.5mln in the first quarter of 2007.

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