The Azerbaijan State News Agency

OFFICIAL NEWS

IN HONOR OF AZERBAIJAN PRESIDENT

As was informed, on 25 August at the hotel “Adlon” in Berlin, the German Company Siemens has arranged a banquet in honor of the President of Azerbaijan Republic Ilham Aliyev.

Mr. Rudi Lamprecht, member of the Eastern Europe Relations Committee, Member of the Managing Board of Siemens, opened the meeting also attended by heads of other leading German companies. He, in particular, said:

“Mr. President!

Dear visitors from Azerbaijan!

Ladies and gentlemen!

Today is a special day. Not only because we today are here but also because all 30 minutes ago Azerbaijan has won a gold medal at the Olympic games. This event is the good beginning for today's evening.

Mr. President, it is a great honor to welcome you today on behalf of Committee of the East Europe relations. I am glad to welcome you on behalf of the German business. The represented companies have a long-term operational experience with Azerbaijan. Some of them carry out interesting projects, and others - just establish links. It is glad, that this meeting passes in Berlin. This meeting has been prepared for a year. Mr. President, for last 8 years the Committee in second time meets the representative of high rank officials from Azerbaijan.

All of us know, that Azerbaijan is extremely important and interesting partner for the German business. Its value grows due to expansion of the European Union and the program of the new neighborhood. I think, I shall not open America if I shall tell, that the Committee of the East Europe relations is devoted to the plan of the further expansion of the European Union, the admission into it of the countries of Southern Caucasus and going to work in this direction.

Azerbaijan is dynamically developing and extending potential market. Economic parameters speak for themselves. The internal total product, which growth for the last some years has exceeded 10 percents, has included economy of Azerbaijan in number of promptly developing economy of the world. If to compare, it is possible to be convinced that the national economy develops in 4 times faster than economy of the United States of America and 12 times than economy of the European Union. It is delightful figures even if to take into account not so large scales of economy. However, there is also such fact that economic growth, basically, depends on the prices for oil. It stimulates extraction and export of oil, allows achieving increase in public revenues, receipts in the budget. At the same time, steady growth of economy is possible only in case of continuation, and successful continuation of the policy of economic reforms by Azerbaijan.

From this point of view, oil and gas sectors can play a role of the locomotive, which will lead behind itself other sectors. And from the long-term point of view, in economy, it is necessary to observe a principle of self-maintenance. Other sectors also if to use the following metaphor, should become the locomotive.

Unfortunately, the Caucasus still is not stable region. And it renders negative influence on its economic development. We welcome efforts of Azerbaijan on maintenance both internal and international stability. The program on reduction of poverty, on which the government works, will play the basic role in achievement of stability. Economic growth also plays the leading part on a way of overcoming of poverty. On behalf of German business I would like to wish you successes in business of achievement of steady development.

Azerbaijan and Germany are loyal partners. Trade between our countries steadily develops and now has reached a level of 400 million Euros. Despite of this parameter, all of us know, that the potential of cooperation is not used to the full. Among the countries of the Commonwealth of Independent States, Azerbaijan is our 5th large trading partner. At the same time, the volume of bilateral trade with Azerbaijan is too small. Investments also are not at a satisfactory level for both sides. I am confident, that on the second phase of development of the Azerbaijan economy amount of the German companies arriving to this country will increase. In particular, there are ample opportunities in the field of power stations, constructions, light industry, information technologies, and telecommunications. There are large opportunities and in sphere of technology of safety, and in agriculture.

For the last some years, there have been adjusted numerous links, the committees have carried out corresponding work. There are intergovernmental working groups on investments and trade. The special joint business - group has been created. The purpose of the companies included in it consists in development of bilateral business and elimination of difficulties. Several months ago there has been solved the question to allocate assistance at a rate of 17 million Euros. These means also will be spent for expansion of bilateral business - links in 2004-2005. The agency of development of Germany has office in Azerbaijan basic purpose of which consists in rendering assistance to realization of various projects, including in the field of business. An example to that can become the German -Azerbaijan Association on development of trade relations. This organization includes already 40 German companies. The purpose of the organization will consist in consolidation of economic interests of Germany and Azerbaijan, their promotion in conformity with interests of both countries. Recently, commercial and industrial chamber of Azerbaijan has opened office in Berlin and actively advances the links between our countries. All told testifies that we are on a true way”.

Then, Mr. Rudi Lamprecht spoke of activities of the Siemens SC in Azerbaijan.

Head of the Azerbaijan State made a large speech at the meeting.

Share news on social media

Follow us on social network

Magnitude 3.0 quake strikes Caspian Sea

Putin did not talk with Pashinyan about Armenia’s CSTO membership - Kremlin

Documentary and exhibition remembering Khojaly victims presented in Vienna

Ombudsman: Discovered mass graves portraying traces of crimes committed by Armenia against Azerbaijanis

APPOINTMENT DAYS AT THE CITIZENS’ RECEPTION CENTER OF THE ADMINISTRATION OF THE PRESIDENT - MARCH, 2024

Azerbaijan’s tourism potential promoted at SATTE 2024 in India

® Angela Pearl has been selected as a "Gold Member" of Millionaire Concept Network

FC Qarabag to take on Bayer 04 Leverkusen in UEFA Europa League round of 16 clash

Azerbaijan, Latvia discuss export of non-oil products

UEFA Europa Conference League Round of 16 draw unveiled

Türkiye exceeded 2 million tourists in January

Azerbaijan, Kazakhstan discuss preparations regarding COP29

US imposes 'crushing' sanctions on Russia 2 years after Ukraine invasion

Unexploded ordnances found in Aghdam district, says Defense Ministry

Over 100 cars collide on icy China expressway, several people injured

From Maha Vajiralongkorn, King of Thailand

® Nar supports final of Shekerbura Show Olympic Cup

14th plenary session of Asian Parliamentary Assembly concludes in Baku

Azerbaijan, US discuss opportunities for cooperation regarding COP29

From Srettha Thavisin, Prime Minister of the Kingdom of Thailand

Azerbaijan`s PM holds meeting with Speaker of Grand National Assembly of Türkiye

Baku hosts "Energy and Security Partnership" forum between Azerbaijani and Turkish youth

From Zoran Janković, Mayor of the city of Ljubljana

Another mass grave found in Azerbaijan’s Khojaly district

Azerbaijan’s Foreign Ministry comments on allegations made by Pashinyan during his interview to France 24 TV channel

Book exhibition “Ancient roots of Azerbaijan culture” launched at Qatar National Library

Japan PM Kishida to address U.S. Congress in April

Concert program celebrating Azerbaijan`s National Day arranged at Doha Expo 2023

Japan's economy in "state of inflation": BOJ chief

® Nar started cooperation with Azerbaijan University of Technology

Azerbaijan parliament appoints Fikret Mammadov as judge to Constitutional Court

® 1362 kg of unuseful household batteries collected within “Recycle batteries, protect nature” project

Armenia once again subjected to fire Azerbaijan Army positions on conditional border

Fire engulfs 2 buildings in Spanish city of Valencia, killing at least 4 people, nearly 20 missing

Baku hosts opening ceremony of FIG Trampoline Gymnastics and Tumbling World Cup - AG Trophy

Ukraine appoints new ambassador to Azerbaijan

From John Kevin Stitt, Governor of the State of Oklahoma

From Saad S. Khan, President of ECO Cultural İnstitute

James Webb Space Telescope spots neutron star hiding in supernova wreckage

Khojaly calls for justice!

Mosque in Sweden's capital again targeted by Islamophobes with threatening graffiti

First day of 14th plenary session of Asian Parliamentary Assembly wraps up in Baku

Guinness World Records annuls ‘oldest dog ever’ title for a dead Portuguese canine after an inquiry

Estonia-Azerbaijan Parliamentary Friendship Group issues statement on 32nd anniversary of Khojaly Genocide

Tactical exercise of group of combat and support ships held, Defense Ministry

Moon landing: US clinches first touchdown in 50 years

Canadian latest low-cost airline to cease operation

To His Majesty Naruhito, Emperor of Japan

Community: We demand from N. Pashinyan to stop letting his country be used as a pawn in France's games

FC Qarabag make history by qualifying for UEFA Europa League last 16

Azerbaijan`s Minister of Ecology, Russian Ambassador discuss environmental protection and preparations for COP29

Global oil markets experience price decline

Armenia suspends participation in CSTO — Prime Minister

Azerbaijani oil price continues to rise in global markets

I am delighted by President Ilham Aliyevs` invitation to the OTS summit meeting in Shusha, says President of Turkish Republic of Northern Cyprus

The Order of the President of the Republic of Azerbaijan on amending Order No. 4264 dated January 13, 2024, “On the establishment of the Organizing Committee regarding the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29), the 19th session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol and the 6th session of the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement”

OpenAI introduces Sora, its text-to-video AI model

Pentagon slashes weapons programs to stay under debt deal

Azerbaijan`s National Day organized at Doha Expo 2023

Azerbaijan`s FM, EU Special Representative for South Caucasus explore Azerbaijan-EU relations

TBMM Speaker: President Ilham Aliyev`s victory in the election is full of promise both for Azerbaijan and Turkic world

Suleyman Alasgarov: pearl of Azerbaijani culture, embodying spirit and legacy of genius composer Uzeyir Hajibayli

2 killed when cargo ship rams bridge in China, sending vehicles into water

OSCE PA’s 23rd winter meeting kicks off in Vienna

Olena Kondratiuk: Even during hardships, Azerbaijan keeps bolstering Ukraine's energy resilience

The Order of the President of the Republic of Azerbaijan
On appointing S.M.Rzayev as President of Azerbaijan Airlines Closed Joint Stock Company

Azerbaijan`s Gulnar Mammadova triumphs at Swiss Queens Wednesday Tournament

From Hande Harmanci, WHO Representative in Azerbaijan and Head of the Country Office

President Ilham Aliyev signs order to mark centenary of Suleyman Alasgarov

Azerbaijan, Latvia discuss preparatory process for COP29

From Anwar Ibrahim, Prime Minister of Malaysia

® Estonia's Innovative Early Education: Nurturing Young Minds

From Cathrina Claas-Muehlhaeuser, Chairperson of the Supervisory Board of the German Eastern Business Association

Azerbaijan to embark on cooperation with US National Renewable Energy Laboratory

Special Forces units and subunits conduct tactical-special exercise

Chairman of Tajikistan`s Assembly of Representatives describes ensuring Azerbaijan's territorial integrity as vital event

Azerbaijani culture promoted at international festival in Saudi Arabia

Former Barcelona and Juventus star sentenced to 4.5 years in prison

Road accidents kill 1,600 in Afghanistan in 10 months

Bizarre 2,000-year-old bronze hand found covered in mysterious writing

Google introduces new open-source AI models named Gemma

Caspian Event Organisers and Iteca Caspian prepare for new exhibition year

Sahiba Gafarova met with Speaker of the Arab Parliament

Azerbaijan Energy Regulatory Agency and Georgian National Energy and Water Supply Regulatory Commission sign MoU

Global debt climbs to record $313T in 2023

Speaker of Azerbaijan`s Parliament meets with Chairman of Shura Council of Oman

Central Bank: $108 m worth of demand fully covered at FX auction

Türkiye scores ‘critical threshold’ in production of 5th-generation fighter jet: President Erdogan

Numan Kurtulmus: Relations between Asian countries will be further strengthened during Azerbaijan's chairmanship of Asian Parliamentary Assembly

® Students trained with the support of Azercell took home medals

® Birbank Business introduces “Maestro” tariff offering 65% discount

Martyrs' children visit Flight Training Center

Azerbaijani Ombudsperson issues statement on 32nd anniversary of Khojaly Genocide

Azerbaijan, Thailand discuss prospects for interparliamentary cooperation

UNESCO headquarters hosts presentation on Azerbaijani language

‘U.K. is ready to share COP experience with Azerbaijan’

We support Azerbaijan's chairmanship of Asian Parliamentary Assembly, says Secretary General

14th plenary session of Asian Parliamentary Assembly commences in Baku

Chairmanship of Asian Parliamentary Assembly passes from Türkiye to Azerbaijan

To His Majesty Salman bin Abdulaziz Al Saud, Custodian of the Two Holy Mosques, King of Saudi Arabia