BAKU, Azerbaijan, June 17. Development of
cooperation between Azerbaijan and South Korea was discussed during
a high-level meeting focusing on expanding trade, investment
opportunities, and joint regional energy projects.
This is reflected in a statement of the Ministry of Economy of
Azerbaijan.
According to the statement, the discussions happened during the
meeting between Deputy Minister of Economy Rovnag Abdullayev and
the Deputy Foreign Minister for Political Affairs of the Republic
of Korea, Chung Eui-Hae Cecilia.
The ministry further reveals that during the meeting, the sides
discussed the current state and development prospects of bilateral
cooperation between Azerbaijan and the Republic of Korea, as well
as issues related to the business environment and activities of
Korean companies operating in Azerbaijan.
It was noted that the effective cooperation environment
established between the countries creates a solid foundation for
the future development of economic partnership. Azerbaijan attaches
great importance to further expanding trade and economic ties with
the Republic of Korea.
It was emphasized that the large-scale energy, transport, and
logistics projects implemented by Azerbaijan in the region, as well
as its plans in the field of alternative energy export, create new
cooperation and investment opportunities for Korean companies.
Other issues of mutual interest were also discussed during the
meeting.
