Austrian envoy hails opportunities for cooperation with Azerbaijan

By Azernews

By Laman Ismayilova

Austria is interested in contributing to the development of Azerbaijan's non-oil sector, said Austrian Ambassador to Baku Axel Wech, as he pointed out opportunities for establishing multi-faceted cooperation with the country.

Wech said that the total volume of bilateral trade between the two countries has made 220 million euros so far, Azertac reported.

“However, it falls behind the existing potential. The level of political relations allows to further strengthen the economic ties between our countries. There are opportunities for establishing multi-faceted cooperation in the tourism sector with Azerbaijan,” said Wech as he visited the Executive Authority of Ganja, Azerbaijan`s second largest city.

He stressed the possibilities of cooperation between Azerbaijan and Austria in the development of skiing tourism, creation of tourism infrastructure in Goygol and surrounding areas, and preparation of tourism specialists.

The ambassador expressed Austria`s readiness to assist Azerbaijan in establishing modern agro parks, organizing high-class governance in agro-industrial complexes, training agricultural specialists, and modernizing industrial sectors.

 Wech said his country is also interested in exporting livestock, agricultural technology and equipment to Azerbaijan.

Economic relations between Austria and Azerbaijan encompass mainly the sphere of economy, agriculture, engineering, and technology.

Twenty Austrian companies already operate in Azerbaijan. They provide a variety services in the architectural sector as well as in the oil and engineering fields, supplying Azerbaijan with various equipment.