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Date of Meeting of Azerbaijani-Turkmen Inter-Governmental Commission Confirmed

Business Materials 11 January 2008 16:50 (UTC +04:00)

Azerbaijan, Baku 11 January /corr. Trend I.Khalilova / The first meeting of the Azerbaijani Turkmen Inter-Parliamentary Commission for the Economic and Humanitarian Co-operation, will take place in Ashgabat on 17 January, an Azerbaijani government source stated on 11 January.

The relations between the two countries had broken for long and therefore, there are plans to discuss all directions of the economic co-operation, particularly with regards to the oil and gas.

The agenda of the meeting also includes regulating the Azerbaijan's debts to Turkmenistan. The debts appeared in 1991-1992 and the amount of the debts will be concretized during the talks. The Turkmen side is continuously insisting on its accounts, which shows the three times increase in the debts. The Official Baku considers that Azerbaijan should pay off $18mln for purchasing Turkmen gas, but the Turkmen side insists on $56mln including the interest rates.

The co-chairs of the Commission are: from the Azerbaijani side -the Vice Prime Minister, Yagub Eyyubov and from Turkmen side - Vice Prime Minister, Khidir Saparliyev. The Azerbaijani part of the Commission had been formed, as per the orders given by Ilham Aliyev, the Azerbaijan President, 20 June 2007.

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