Azerbaijan and Serbia sign protocol on trade and economic cooperation

Azerbaijan and Serbia signed a protocol by results of the second session of the intergovernmental commission on trade and economic cooperation.

The protocol was signed by Minister of Economic Development Shahin Mustafayev and Deputy Prime Minister and Minister of Internal and External Trade and Telecommunications Rasim Ljajic.

Speaking at a meeting of the intergovernmental commission, S. Mustafayev noted the existence of good friendship between the two countries, as well as the legal basis for cooperation.

According to the minister, in January-September 2012 compared to the same period in 2011, trade between the two countries increased 15-fold, but this result does not satisfy the parties, and there are good opportunities for the further development of trade relations.

The sides noted cooperation between Azerbaijan and Serbia in the fields of construction, agriculture, health, education, ICT, finance and energy.

In turn, R.Ljajic said that Serbia is interested in further development of cooperation with Azerbaijan.
The meeting also discussed issues on mutual investments, cooperation in the fields of industry, agriculture, construction, joint access to the markets of third countries.
 

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