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Azerbaijan, France to create interregional co-op committee

Business Materials 19 December 2016 15:54
Azerbaijan and France are creating a Committee on Interregional Cooperation and Decentralization
Azerbaijan, France to create interregional co-op committee

Baku, Azerbaijan, Dec. 19

By Azad Hasanli – Trend:

Azerbaijan and France are creating a Committee on Interregional Cooperation and Decentralization, Azerbaijani Economy Ministry said in a message Dec. 19.

This is envisaged by a memorandum of understanding signed in Baku by the Azerbaijani Economy Minister Shahin Mustafayev and Bertrand Fort, secretary general of the National Commission on Decentralization and Interregional Cooperation of France, delegate for the external action of local authorities of the French Ministry of Foreign Affairs.

The document envisages deepening of Azerbaijan-France cooperation in various areas and the creation of a relevant committee. The committee will be co-chaired by officials of Azerbaijan’s Economy Ministry and France’s Ministry of Foreign Affairs and International Development.

While addressing the signing ceremony, Shahin Mustafayev noted that this document will make an important contribution to the expansion of ties and interregional cooperation between the two countries.

Bertrand Fort, in his turn, noted that the signed memorandum will allow taking the interregional cooperation and the Azerbaijan-France ties to a new level.

According to Azerbaijan’s State Customs Committee, trade turnover between Azerbaijan and France amounted to $568.6 million in January-November 2016, $430.5 million of which accounts for exports to France.

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