Azerbaijani and Georgian Expert Groups Consider Need to Sign New Intergovernmental Agreements
Azerbaijan, Baku / Trend corr. I.Khalilova / A Georgian group of experts arrived in Baku to agree the agenda of the 4th meeting of the Azerbaijani-Georgian intergovernmental commission on economic cooperation. The meeting will be held in Baku on 27 September, Kamal Ismailzadeh, the head of the Interregional Economic Relations Department at the Cabinet of Ministers, said.
The first discussions concerning the implementation of the Agreement on automobile transport were held on 26 September. It was decided to conclude the intergovernmental agreement on customs cooperation between the countries.
A range of issues will be discussed at the meeting taking into consideration close economic cooperation between Azerbaijan and Georgia.
The prospects of trade economic cooperation, fuel, energy, transport and communication issues between both countries will be discussed, the Azerbaijani Ministry of Economic Development reported.
Azerbaijan presently cooperates with Georgia on electrical energy and gas supply. The volume of gas delivered by Azerbaijan to Georgia reached 500mln cu m in 2007. Azerigas exports gas to Georgia for $120 per 1,000 cu m, but partners in the Shah Daniz project sell for $63 per 1,000 cu m.
The volume of electric energy exported to Georgia by Azerbaijan increased by 4mln kilowatt per hour per day. In compliance with the agreement signed between Georgia and Azerbaijan, Georgia supplies 200mln kilowatt per hour of gas to Azerbaijan during summer months. Azerbaijan in turn will deliver gas to Georgia during the winter months in the same volume.
Zurab Nogaidely, the Georgian prime minister, is the Georgian co-chairman of the intergovernmental commission, Artur Rasizadeh, the Azerbaijani prime minister, is the Azerbaijani co-chairman of the commission.
The previous and 3rd meeting of the commission was held in Baku in August 2006