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Azerbaijan and Lithuania discussed economic ties

Business Materials 1 April 2006 10:53 (UTC +04:00)

The Azerbaijani Economic Development Minister, Heydar Babayev has met a new Lithuanian ambassador, Vyataytasa Nauduzas, the Ministry press-release told Trend.

In the course of the meeting, Minster told to his Lithuanian guest about economic reforms conducted in the country and hinted that Azerbaijan occupies one of the leading places in CIS on levels of economic development.

He also indicated that there is large perspective of developing closer ties with Lithuania.

Trade levels between the two countries have reached $7m last year. The minister has also invited Lithuanian businessmen to cooperate with local partners.

Nauduzas noted that he is ready to cooperate in the development of the trade-economic relations between the two states.

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