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Serbia may use Azerbaijan’s transit potential

Business Materials 8 November 2016 12:28 (UTC +04:00)
Serbia may use Azerbaijan’s transit potential, as well as joint the Trans Adriatic Pipeline (TAP).
Serbia may use Azerbaijan’s transit potential

Baku, Azerbaijan, Nov. 8

By Anvar Mammadov – Trend:

Serbia may use Azerbaijan’s transit potential, as well as joint the Trans Adriatic Pipeline (TAP), said Azerbaijan’s Economy Minister Shahin Mustafayev.

Mustafayev, who is on an official visit to Serbia, made the remarks during his meeting with Serbian Prime Minister Aleksandar Vucic, Deputy Prime Minister and Minister of Construction, Transport and Infrastructure Zorana Mihajlovic.

The minister also noted the possibility of Azerbaijani companies’ participation in the privatization process, as well as in the implementation of infrastructure and public projects in Serbia.

Mustafayev also noted that the Serbia-Azerbaijan Chamber of Commerce already operates in Belgrade in order to develop trade and economic relations.

During the visit, the Azerbaijani minister also took part in the opening of a section of the Ljig-Prelina highway in Serbia. It should be noted that Azerbaijan allocated a loan worth 300 million euros to Serbia for the project’s implementation. Total length of the highway is 40.3 kilometers. Sixty-six bridges and four tunnels have been built along the highway. Azerbaijan’s AzVirt LLC was the project’s main contractor.

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