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Azerbaijan, Latvia sign protocol

21 June 2017 [14:09] - TODAY.AZ

By Azernews


By Amina Nazarli

Azerbaijan and Latvia signed a protocol following the 7th meeting of the Latvia-Azerbaijan Intergovernmental Commission for Economic, Scientific, Technical and Cultural Cooperation on June 20.

The agreement was signed by co-chairs of the Intergovernmental Commission – Azerbaijani Minister of Ecology and Natural Resources Huseyngulu Baghirov and Latvian Minister for Transport Uldis Augulis.

The protocol envisages the development and expansion of the Azerbaijan-Latvia cooperation in trade, investment, science, education, culture, tourism, transportation, communications, agriculture, health, energy, construction, regional development, environmental protection, labor, employment and social protection of population.

The sides also discussed a draft memorandum of understanding between the justice ministries of Azerbaijan and Latvia and a number of other bilateral agreements.

The meeting of the commission held in Baku on June 20 discussed promotion of bilateral cooperation in various areas, including in trade, transport and logistics. The two sides also talked of possibilities to expand trade turnover.

The next meeting of the Intergovernmental Commission will be held in Latvia.

Latvia is a significant element of the European transport and logistics sector, and the Latvian side regards Azerbaijan as an important partner in development of transport connections between Asia and Europe.

Latvia also sees Azerbaijan as Europe’s main source for energy resources in the Black Sea-Caspian region.

Azerbaijan attaches great importance to cooperation with Latvia within regional organizations, including the Union of the Baltic States.  Azerbaijan is also keen to develop cultural and humanitarian relations.









URL: http://www.today.az/news/business/162445.html

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