Baku, June 6, AZERTAC
Italy-based Italian Trade Agency monthly newsletter and Notiziegeopolitiche electronic portal on geopolitics and foreign policy have published Azerbaijani Ambassador to Italy Mammad Ahmadzade's interviews highlighting the country's economic potential, economic cooperation and prospects for cooperation between the two countries.
The Ambassador pointed out Azerbaijan's geostrategic geographical position, rapid economic development, regional leadership, investments in the country's economy and energy, transportation and infrastructure projects.
On Italy-Azerbaijan relations, he said the bilateral ties reached the level of strategic partnership. “It is evidenced by the signing of the joint declaration on strategic partnership by Azerbaijani President Ilham Aliyev and Italy's Prime Minister Matteo Renzi during the official visit of the Azerbaijani President to Italy in 2014.”
Ahmadzade said that Azerbaijan was one of the key oil suppliers of Italy, adding that a number of Italian companies have been engaged in activities in Azerbaijan as investors and contractors. He underlined that significant agreements were signed with Maire Technimont, Technip and Saipem companies of Italy over the last year.
Providing information on the the next meeting of the Azerbaijani-Italian Intergovernmental Commission on Economic Cooperation and Azerbaijan-Italy Business Forum to be held on June 13 in Italy, the Ambassador hailed the importance of these events in terms of attracting Italian investments in Azerbaijan, increasing the country's non-oil exports and strengthening economic cooperation between the two countries.
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