TODAY.AZ / Politics

Azerbaijan, Malaysia discuss issues of mutual interest

19 January 2017 [13:00] - TODAY.AZ

By Azernews


By Rashid Shirinov

Azerbaijan’s Foreign Minister Elmar Mammadyarov met with Dato Sri Anifah Aman, Foreign Minister of Malaysia on the sidelines of the OIC Emergency Ministerial Meeting in Kuala Lumpur.

The meeting mulled current level of bilateral relations and ways of further development of bilateral cooperation between Azerbaijan and Malaysia. The ministers expressed satisfaction with the development of political dialogue, cooperation within international organizations and mutual support between the two countries.

During the meeting, the sides touched upon the issues of high-level visits and expansion of bilateral legal-treaty base, as well.

Recalling his visit to Azerbaijan and the productive meetings he had in Baku, the Malaysian minister said that the development of Baku and Azerbaijan made a very positive impression on him.

Touching upon the enhancement of bilateral economic relations, the ministers noted the importance of increasing the joint efforts to this end.

They emphasized the existence of favorable opportunities for increasing the trade turnover and investment, also further expanding the cooperation in the fields of oil-gas, industry, agriculture, transport, high technologies, tourism and many others between the two countries.

As for the cooperation in the energy area, the successful activity of Petronas Company of Malaysia in Azerbaijan was noted.

Mammadyarov further informed his counterpart about the latest status on the Armenia-Azerbaijan Nagorno Karabakh conflict. He stressed that Malaysia’s support to the just position of Azerbaijan over the issue is highly appreciated.

The sides also exchanged their views on regional and international issues of mutual concern, also the matters related with the agenda of the OIC.

Malaysia enjoys close and friendly relations with Azerbaijan since diplomatic relations were established in 1993. Azerbaijan established its diplomatic mission in Malaysia in 2007, while Malaysia established its Embassy in Baku in 2014.

The trade turnover between the countries in January-September 2016 exceeded $31 million, most of which made up import into Azerbaijan. In March 2016, Azerbaijan and Malaysia opened direct cargo flight service.

Malaysian National Oil Company - Petronas owns a 15.5 percent stake in the Shah Deniz production sharing agreement operated by a consortium of companies, 15.5 percent share in the South Caucasus Pipeline Company (SCPC), 15.5 percent share in the SCPC holding company, and 12.4 percent share in the Azerbaijan Gas Supply Company.


URL: http://www.today.az/news/politics/157845.html

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