ECONOMY
BAKU HOSTS 6TH MEETING OF INTERGOVERNMENTAL COMMISSION ON AZERBAIJAN-GEORGIA ECONOMIC COOPERATION
Baku, July 23 (AZERTAC). The sixth meeting of intergovernmental commission on Azerbaijan-Georgia economic cooperation has been held today here.
Prime Minister of Azerbaijan Artur Rasizade addressed the meeting highlighting relationship between the two countries.
He underscored the role of the intergovernmental commission in development of bilateral cooperation.
Rasizade noted Azerbaijan-Georgia relations could be an example for other countries.
According to him, the trade turnover between the two countries made up $ 454, 9 million last year and reached as much as $175, 4 million during January-May this year.
The Prime Minister also touched upon the economic development processes in Azerbaijan, saying despite the global financial crisis the country`s economy grew by 9, 3 percent.
He pointed out numerous state social programs had been adopted in the country.
On the Armenia-Azerbaijan Nagorno Karabakh conflict, Rasizade said due to Armenia`s non-constructive position the problem still remains unresolved.
For his part, Georgian Prime Minister Nika Gilauri praised the relationship between the two countries.
He expressed confidence that Azerbaijan-Georgia political, economic and humanitarian cooperation would continue to deepen.
Gilauri noted the volume of investments that Azerbaijan makes in Georgian economy increases year after year.
The sides also discussed how to expand bilateral cooperation in trade, energy, transport, communication, agriculture, border and customs, protection of environment and other spheres.
Afterwards, Prime ministers Artur Rasizade and Nika Gilauri have signed a Memorandum of Understanding on increasing competitiveness of transport corridor between Azerbaijan and Georgia and the final protocol of the sixth meeting of intergovernmental commission.
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