BAKU, Azerbaijan, April 8. Economic cooperation between Azerbaijan and Serbia was discussed, Trend reports via the Ministry of Economy.
Azerbaijan’s Minister of Economy Mikayil Jabbarov and SOCAR President Rovshan Najaf met with Serbia’s Minister of Mining and Energy, Dubravka Đedović Handanović.
The meeting highlighted that relations between our countries have reached the level of a strategic partnership. The dynamic development of economic relations, particularly in the energy sector, was noted. It was noted that the first meeting of the Azerbaijan-Serbia Strategic Partnership Council, held earlier this year, played an important role in deepening economic partnership and identifying new areas of cooperation. Information was also provided on the positive investment climate that has developed in our country.
The parties discussed the current state and prospects for cooperation in areas such as energy, green technologies, infrastructure, industry, and investment. They also reviewed the work completed as part of the cooperation with SOCAR and potential projects.
According to the State Statistical Committee, in January of this year, Azerbaijan exported 34.7 million cubic meters of natural gas (in gaseous form) to Serbia, worth $13.2 million. The information indicates that, compared to the same period last year, this amount decreased by $3.5 million, or 20.8%, while the volume of exports decreased by 73,000 cubic meters, representing a 0.2% decline.