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BackAzerbaijan attaches great importance to cooperation with the CIS, Bayramov said
Azerbaijan attaches great importance to cooperation with the CIS, Bayramov said
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РИА Новости56 minutes agoWorld2 min readRussiaView original

Azerbaijan attaches great importance to cooperation with the CIS, Bayramov said

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Azerbaijani Foreign Minister Jeyhun Bayramov stated the great importance of developing interaction with the CIS countries in the trade, economic and transport spheres, noting the positive dynamics of trade turnover and the development of East-West and North-South transport corridors thanks to investments in infrastructure and the country’s favorable geographical location.

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Why It Matters

Azerbaijan is actively developing East-West and North-South transport corridors, using its geographic location and investing in infrastructure to strengthen trade ties with the CIS countries.

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Azerbaijani Foreign Minister Jeyhun Bayramov stated the great importance of developing interaction with the CIS countries in the trade, economic and transport spheres.

Bayramov noted the positive dynamics of trade turnover and the development of international transport corridors thanks to investments in infrastructure.

The Minister emphasized the importance of compliance with international law and cooperation based on mutual respect for regional stability and development.

BAKU, October 7 – RIA Novosti. Azerbaijani Foreign Minister Jeyhun Bayramov said that the republic attaches great importance to the development of interaction with the CIS countries in the trade, economic and transport spheres, reports the press service of the Azerbaijani Foreign Ministry.

On Wednesday, Bayramov, as part of a working visit to Turkmenistan, spoke at a meeting of the CIS Council of Foreign Ministers (CMFA) in the Avaza National Tourist Zone.

“During his speech, Bayramov noted that Azerbaijan attaches great importance to the development of interaction with the CIS countries in the trade, economic and transport spheres,” the statement said.

In addition, the head of the Azerbaijani Foreign Ministry drew attention to the positive dynamics of trade turnover, as well as the consistent development of international transport corridors East-West and North-South, port and railway infrastructure due to the favorable geographical location of the country and large-scale investments in infrastructure, the press service added.

In his speech, the minister emphasized that against the backdrop of growing global tensions, compliance with the fundamental norms and principles of international law is of particular importance, and cooperation between countries on the basis of mutual respect and interests is an important factor in regional stability, security and sustainable development.

Open Questions

  • What specific measures are planned to further increase trade turnover with the CIS countries?
  • What amounts of investment are allocated to the development of transport infrastructure?
  • Which CIS countries are showing the greatest interest in cooperation with Azerbaijan in the transport sector?

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This article was originally published by РИА Новости.

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