Azerbaijan, China sign agreement on technical and economic cooperation

An agreement on economic and technological cooperation was signed within the meeting between Azerbaijani Prime Minister Artur Rasizade and a member of the Standing Committee of the Political Bureau of the Communist Party of China, Secretary of Central Commission for Disciplinary Inspection He Guoqiang, on visit to Baku.

China will provide Azerbaijan with grant aid worth 20 million yuan under the agreement. The agreement was signed by Minister of Economic Development Shahin Mustafayev from the Azerbaijani side, and Deputy Minister of Commerce Gao Hucheng from the Chinese side. He Guoqiang and Deputy Prime Minister Abid Sharifov attended the signing ceremony.

According to the Azerbaijani State Statistics Committee, turnover between Azerbaijan and China amounted to $136.3 million in the first quarter.

"This visit will be a new stage in the development of mutually beneficial relations between our countries in all fields. I think that now the work to study China and the Chinese language must be strengthened. We have already taken the first steps in this area. There are groups in some of our institutions of higher education, where the Chinese language is taught, "Azerbaijani Prime Minister said at a meeting.

Rasizade expressed gratitude to the Chinese leadership for consistent position in support of the territorial integrity of Azerbaijan, informed the guests about the state of the economy. It was emphasized that last year, despite the global financial and economic crisis, the Azerbaijani economy reached 9.3% growth. Very large investment programs of the international level have been implemented for the development of infrastructure. Now, the work is underway.


/Trend/