The Azerbaijan State News Agency

Korea, Azerbaijan mull interparliamentary ties

Baku, May 24 (AZERTAC). Speaker of Azerbaijan`s parliament Ogtay Asadov has met a delegation of the National Assembly of the Republic of Korea led by its Vice-Speaker Park Byeong-seug.

Asadov underlined that Baku places much emphasis on development of ties with the Republic of Korea. He noted that such visits are of huge importance for discussing outstanding tasks.

It was noted during the conversation that the independent Azerbaijan considers Korea as the friendly country.

"Discussions conducted during reciprocal visits of the Heads of States of both countries and documents signed opened up new avenues for furthering our relationship. The two nations have to date signed 46 documents and 12 documents are under consideration," he said.

The parliaments of both countries play a vital role in development of ties between the two nations. The activity of the friendship groups in both countries` legislative bodies serves the cause.

Asadov recalled his meetings during the visit to the Republic of Korea in 2007, saying they positively affected development of ties between both countries` parliaments. The Speaker pointed out that the well-developed political ties have an impact on the economic and humanitarian domains. He added that the trade turnover between the nations made up 650 million dollars in 2011.

Asadov expressed hope that leading Korean companies specialized in high technologies, engineering, heavy industries would open their regional branches in Baku.

On the Armenia-Azerbaijan Nagorno-Karabakh dispute, Asadov said that the problem gets in the way of the regional progress, adding the principled and objective stance of the international community is important element that could force Armenia to give up its aggressive policy.

Vice-Speaker of the National Assembly Park Byeong-seug said he saw rapid development of Azerbaijan during his visit.

He noted Korea passed the same path. The country, which used to ask for assistance some time ago, has grown into the donor nation. Korea fruitfully cooperates with the governmental agencies of Azerbaijan through the International Cooperation Agency. He expressed hope that the interparliamentary cooperation would lay groundwork for intensive development of ties in all fields.

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