BAKU, Azerbaijan, January 26. Economic
cooperation of Azerbaijan with Israel is expanding, Azerbaijan’s
Foreign Minister Jeyhun Bayramov said at a joint press conference
with his Israeli counterpart Gideon Moshe Sa'ar, Trend reports.
"We talked about the development of economic relations and
numerous agreements. Traditionally, the energy sector is one of the
main areas of cooperation," Bayramov explained.
He noted that currently 124 Israeli companies are operating in
our country and implementing various projects.
"In 2025, SOCAR for the first time acquired a 10 percent stake
in one of Israel's largest projects in the Mediterranean. We are
now acting as an investor in a giant Israeli business project
there," the minister stressed.
