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Azerbaijan, Poland seek to expand cooperation

29 September 2016 [18:00] - TODAY.AZ

By Azernews


By Nigar Abbasova

Poland is interested in strengthening of all-round cooperation with Azerbaijan and the two countries enjoy significant prospects to expand relations.

Polish Deputy Development Minister Radoslaw Domagalski-Labedzki made the remark while addressing a meeting between the representatives of governmental structures of Azerbaijan and a delegation of entrepreneurs’ organization headed by the Polish official.

Domagalski-Labedzki said that Polish companies are interested in making investments in Azerbaijan, mentioning wide prospects for bilateral cooperation.

The sides also discussed the process of preparations for the upcoming seventh Polish-Azerbaijani Intergovernmental Commission on Economic Cooperation, underlining the importance of reaching certain agreements till the holding of the event, which is scheduled for December 2016.

Azerbaijan’s Deputy Energy Minister Gulmammad Javadov, in turn, said the attraction of foreign investments in non-oil sector is one of the main priorities of Azerbaijan.

The participants also highlighted the cooperation in the transport sphere, which is expected to enhance ties between the two countries.

Deputy Transport Minister Musa Panahov said that Azerbaijan has already taken weighty steps in its bid to turn the country into a major transport hub, including implementation of such projects as East-West and North-South transport corridors.

He said that the participation of Polish companies in certain transport projects is of great importance, emphasizing that the creation of a new transport system may pave the way for the expansion of cooperation between the two countries.

Moreover, Poland also was offered to take part in the construction of pharmaceutical plants in Azerbaijan.  

Azerbaijan is currently importing some 3 percent of pharmaceutical goods from Poland, while about 99 percent of all pharmaceuticals are imported.  

Azerbaijan may also benefit from the vast experience of Poland in the sphere of medical insurance. 

Vice President of the Polish Agricultural Market Agency Jaroslaw Olowski earlier told Trend that Azerbaijan, which almost completely provides itself with agricultural products, can also become a hub for export of Polish products to Iran and Central Asia. Olowski stressed that Poland is interested in the import of a number of agricultural products from Azerbaijan.

The trade turnover between Poland and Azerbaijan amounted to 20.74 million manat ($ 12.67 million) in January-April 2016, that is, 13.6 percent more than in the same period of 2015.

URL: http://www.today.az/news/business/154661.html

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