Signagi hosts 11th meeting of Azerbaijan–Georgia Intergovernmental Commission on Economic Cooperation

Signagi, October 30, AZERTAC The 11th meeting of the Azerbaijan–Georgia Intergovernmental Commission on Economic Cooperation was held in Signagi, in Georgia’s Kakheti region, co-chaired by the countries’ Prime Ministers, Ali Asadov and Irakli Kobakhidze. The meeting featured an exchange of views on the current state and prospects of the strategic partnership between Azerbaijan and Georgia, as well as ways to expand cooperation in trade and the economy, investment, energy, transport and transit, agriculture, culture, humanitarian affairs and other areas. Addressing the meeting, Azerbaijani Prime Minister Ali Asadov emphasized the importance of dynamic high-level political dialogue in strengthening bilateral cooperation.

“The state visit to Georgia by Azerbaijani President Ilham Aliyev in April, as well as Georgian Prime Minister Irakli Kobakhidze’s visit to Azerbaijan in May as part of WUF13, were of great importance. These visits once again reaffirmed the strategic nature of our bilateral relations and contributed to further strengthening cooperation. The two countries have always supported each other in international organizations, particularly on issues related to territorial integrity and sovereignty,” Ali Asadov said. The Prime Minister noted that trade and economic cooperation between the two countries continued to develop positively. “Georgia is one of Azerbaijan’s key trading partners. In the first nine months of this year, trade between the two countries increased by 42 per cent, approaching $1 billion and exceeding last year’s figure,” he said. Highlighting the successful development of investment cooperation, Asadov noted that Azerbaijan was one of the largest investors in Georgia’s economy. He also pointed to the positive momentum in the implementation of joint…