AZERBAIJAN-JAPAN ECONOMIC FORUM
PRESIDENT ILHAM ALIYEV ATTENDED THE FORUM
Participants of the Forum cheered the President of Azerbaijan.
At the Forum attended by representatives of 30 Azerbaijani and 100 Japanese companies, speaking was the vice-president of the Japan External Trade Organization (JETRO) Yoshitada Takahashi said, “after Azerbaijan gained state independence in 1991 we have established friendly relations with this country and our cooperation is being implemented in versatile fields of economy”. JETRO is going to carry out researches connected to economic potential of Azerbaijan, conduct workshops and send its specialists to this country”.
Then, President Ilham Aliyev gave a large speech, expressing hope that the Forum would benefit mutual ties. Last year, Azerbaijan held the first position in the world for economic development, he underlined. Azerbaijan’s cooperation with Japan mainly covers the energy sector in which the Japanese companies have invested much. Now, there appeared opportunities for cooperation and in the on-oil sector. Development of regions now is our priority, President Aliyev said. He stressed the role of Japanese companies in this. President of Azerbaijan expressed wish for Japanese technologies to be involved in Azerbaijan’s economy.
Then, President Ilham Aliyev spoke of the concrete programs being realized in the country in agriculture, education and public health, noting that in 2006 the foreign companies had allotted huge credits for realization of these projects. The Japanese companies will be fully guaranteed to inverts in these programs, he said.
Head of the Azerbaijan State said the government of Japan had been rendering long-term technical and other assistance to Azerbaijan and currently there is need to activate this cooperation.
Then, in the Forum, was speaking the minister of economic development of Azerbaijan Heydar Babayev. He gave full information on the socio-economic situation in the country, in particular in the oil-gas sector. There are reliable conditions for investing in Azerbaijan, he underscored, noting that trade turnover between Azerbaijan and Japan had increased many times. He invited the Japanese companies to invest in non-oil sector of Republic, too.
As a result of Forum, some companies from each side have sealed several million dollars contracts.