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Azerbaijan, Bulgaria eye to expand co-op in all fields

Business Materials 24 January 2019 10:07 (UTC +04:00)

Baku, Azerbaijan, Jan. 24

By Sara Israfilbayova - Trend:

Azerbaijan and Bulgaria are eager to expand cooperation in all fields, where the sides see great potential, in order to achieve more visible results, Nikolay Yankov, Bulgarian Ambassador to Azerbaijan, told Trend.

The ambassador stressed that great cooperation in the energy field is already established between the states.

“As you know, there is a contract between Bulgargaz and SOCAR for the supply of natural gas to Bulgaria, starting from 2020 and we are working on other opportunities to expand our relations in this area,” Yankov noted.

The Bulgarian ambassador went on to say that there is great potential for enhancing trade and economic relations, cooperation in transport and transit of goods, in tourism, agriculture, pharmaceutics, science and high technology etc.

Further, he touched upon the cultural relations and cooperation in the field of education, adding that these spheres are essential for the establishment of closer ties between the peoples of Bulgaria and Azerbaijan.

“During the visit of Azerbaijani Foreign Minister Elmar Mammadyarov to Bulgaria last October, a Memorandum of Understanding on cooperation in education sector was signed and I hope this will bring а new impetus in this important field,” he underlined.

Yankov expressed hope that all the efforts made by both governments will finally bring the desired results.

Trade turnover between Azerbaijan and Bulgaria stood at $65.9 million in 2018, according to the State Customs Committee of Azerbaijan. Around $39.5 million of this amount accounted for the export of Azerbaijani products. The trade turnover between the two countries has increased by 43.2 as compared to the same period of 2017.

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Follow the author on Twitter: @IsrafilbekovaS

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