Minister: Azerbaijan, Tajikistan have every prerequisite to develop economic cooperation

Azerbaijan, Baku, September 4 /Trend, E.Aliyev/ Successes and achievements in the economic cooperation between Azerbaijan and Tajikistan insufficiently reflect the potential for their development, for which there is every prerequisite, Azerbaijani Minister of Economic Development Shahin Mustafayev said on Tuesday during the second meeting of Azerbaijani-Tajik intergovernmental commission for trade and economic cooperation held in Baku. "Relations between our countries successfully develop in all spheres - political, economic and cultural spheres. Mutual visits, including high-level visits have significantly contributed to the development of bilateral cooperation, "Mustafayev said. . According to him, we can confidently say that a solid legal framework was established between the two countries in the economic sphere. "Nearly 40 agreements, including the agreements on free trade, promotion of mutual investments, elimination of double taxation, as well as program for economic cooperation up to 2015 were signed between our countries," the minister noted. According to him, this basis plays a significant role for developing trade and economic relations. "Trade plays an important role in our relations. It should be noted that the commodity turnover between the two countries increased by 2.8 times and amounted to $44 million in 2012. Unfortunately, in spite of expanding the nomenclature of exported goods from Azerbaijan to Tajikistan, a certain decrease is observed in 2013. We should discuss the issues of ensuring the development of trade and economic relations between the two countries within this meeting," Mustafayev said. The co-chairs of the intergovernmental commission are the Azerbaijani Minister of Economic Development Shahin Mustafayev and Minister of Irrigation and Water Resources of Tajikistan Rahmat Bobokalonov. At the end of the bilateral meeting between the delegations a protocol was signed for the second meeting of the intergovernmental commission. The document reflects the priorities of developing cooperation between the two countries in the sphere of trade, mutual investments, agriculture, construction, information and communication technologies, tourism and other spheres. Within the visit to Azerbaijan, the Tajik delegation led by the minister Rahmat Bobokalonov will visit various enterprises operating in Azerbaijan and also will hold several meetings. Do you have any feedback? Contact our journalist at agency@trend.az