ECONOMY
London hosts second Caspian Corridor Conference
London, March 8 (AZERTAC). The Caspian Corridor Conference, supported by London Stock Exchange Group (LSEG), International Bank of Azerbaijan (IBA), Britain Azerbaijan Business Council (BABC), and Asia House, has taken place at London Stock Exchange, bringing together global leaders of government, business, academia and media to examine the economic developments and opportunities in the region.
The Conference examined the region’s growth engines, its close ties with the UK and London. The conference drew high profile speakers from businesses across the region’s highest performing sectors and policy makers from the region, and the UK, enabling valuable connections for future engagement.
The conference also looked at the specific paths ahead for the Caspian Corridor countries.
The British Prime Minister's Trade Envoy to Azerbaijan, Kazakhstan and Turkmenistan Charles Hendry stressed the importance of cooperation among the Caspian Corridor countries.
Member of the British parliament Baroness Elizabeth Symons praised the United Kingdom`s cooperation with the Caspian Corridor states. She hailed projects carried out by Azerbaijan`s state oil firm, SOCAR, and Kazakh national oil company KazMunayGas.
Chairman of the International Bank of Azerbaijan Jahangir Hajiyev expressed confidence the Conference would contribute to strengthening the ever closer ties between the Caspian Corridor countries.
Azerbaijani Energy Minister Natig Aliyev highlighted the country`s energy policy. The Minister said Azerbaijan had already become a reliable partner both in the region and on the international scene. Aliyev touched upon Trans-Anatolian pipeline project (TANAP), describing it as “a strong signal of Azerbaijan`s capability to implement large-scaled projects that can change the energy picture of the region”.
SOCAR Vice President Elshad Nasirov laid out the company`s priorities and future goals.
The Conference featured a round table involving the Azerbaijani, Turkish and Turkmen ambassadors in London.
Azerbaijani Ambassador Fakhraddin Gurbanov said the Conference would play a crucial role in development of the United Kingdom`s relations with the regional countries.