AZERBAIJAN’S FINANCE MINISTER REPORTS AT ECO EVENT
The second meeting of the economy and finance ministers of the Economic Cooperation Organization (ECO) member countries was continued April 6 in Antalya, Turkey with Ministers from Azerbaijan, Turkey, Pakistan, Iran, Afghanistan and Central Asian nations in attendance.
Opening the event, Finance Minister of Turkey Kamal Unakitan touched on the ECO’s role in the regional development and Turkey’s economic achievements.
Finance Minister of Azerbaijan Samir Sharifov said Baku-Tbilisi-Ceyhan oil pipeline, Baku-Tbilisi-Erzerum gas pipeline, Kars-Akhalkalaki-Tbilisi-Baku railway projects play a key role in strengthening economic cooperation in the South Caucasus and Central Asia region. The agreement on transportation of the Kazakhstan’s oil via the BTC boosted the importance of the energy-rich Caspian and Central Asia regions, he pointed out. According to the Minister, Azerbaijan is the world’s leading country in terms of the macro economy with a 34.5% GDP growth.
The Antalya Official Information on the results of the meeting was signed. The document contained 18 issues including promotion and protection of investment among the member countries, establishment of the ECO Trade and Development Bank and others.
Azerbaijan’s ambasador in Ankara Zakir Hashimov was present at the event.
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