Azerbaijan, Mexico eye cooperation in defense industry

By Azernews

By Rashid Shirinov

The issues of cooperation between Mexico and Azerbaijan in the defense industry sector topped the agenda of a meeting between Mexico's Ambassador to Azerbaijan Rodrigo Labardini and Defense Industry Minister Yavar Jamalov.

The parties considered possible exchange of experience in this field, as well as participation in relevant international exhibitions organized by Mexico and Azerbaijan, the Mexican embassy announced on February 8.

The meeting also discussed the role of the embassies of both countries in expanding cooperation in other fields.

Ambassador Labardini further informed about the development of electronics industry in Mexico, which is the 14th economy in the world.

Both sides expressed interest in developing cooperation.

The growing economy of Azerbaijan is attractive for Mexico, while Azerbaijan also attaches importance to the development of relations with Mexico. Relations are actively developing in all directions, including culture.

The Azerbaijani State Customs Committee reported that the trade turnover between Azerbaijan and Mexico amounted to $19.03 million in January-September 2016, as compared to $20.76 million in the same period of 2015.

Azerbaijan’s export to Mexico amounted to $188,100 and import amounted to $18.84 million in the first nine months of 2016. This includes the sale of equipment for the oil industry, electronic appliances.

Azerbaijan domestically produces various types of small arms and melee weapons, artillery, armored vehicles, various aerial bombs, unmanned aerial vehicles, various types of ammunition for small arms, including small-caliber automatic pistols, optical devices and others.

Twenty-eight military factories of Azerbaijan’s Defense Industry Ministry have manufactured 1,160 kinds of defense products so far. Azerbaijan`s defense products are exported to more than 10 countries.