JAPAN RATED AS MAJOR DONOR NATION FOR AZERBAIJAN
Trade turnover between two countries has reached $70.6 million. Azerbaijan exported to Japan caviar, wool, crude worth 18.3 million while Japan sold state-of-the-art technologies, cars, medical equipment, computers and products made of ferrous metals.
The Japan Bank for International Cooperation lent $80.3 million to reconstruct the Sumgait ethylene- polyethylene plant and $180.7 million to fund the first stage of reconstruction of the Shimal electric power station. The Bank is planning to fund the second stage of the same project envisaging construction of the Garadagh-Digah-Shimal pipeline and two gas compressor plants in Garadagh.
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