Baku and Moscow at a new stage of bilateral cooperation

0

April 21, 2022 2:16 p.m. (UTC+04:00)

68

By Sabina Mammadli

Baku and Moscow are currently at a new stage of bilateral cooperation, Russian Ambassador to Azerbaijan Mikhail Bocharnikov said.

He made these remarks during the seminar “Development potential of economic cooperation between Azerbaijan and the countries of the Eurasian Economic Union”, which was held at the Azerbaijan State University of Economics ( UNEC) on April 20.

The Ambassador noted that the adoption of the Declaration on Allied Interaction between Azerbaijan and Russia opens up new prospects for the development of the two countries.

“We follow the economic progress in Azerbaijan with great interest. We learned about the recent meeting chaired by President Ilham Aliyev, during which the results of the country’s economic development and the tasks of the government were discussed “, added the ambassador.

Azerbaijan and Russia collaborate in various fields, including economy, agriculture, customs, communications, high technology, etc. Azerbaijani investments in the Russian economy exceeded $1.2 billion, with the majority of these investments being in the non-oil sector. In addition, Russian investments in the Azerbaijani economy totaled $6.3 billion, including $5 billion invested in the oil sector and $1.3 billion invested in non-oil sectors. Trade turnover between Azerbaijan and Russia amounted to $2.9 billion in 2021, making Russia Azerbaijan’s third-largest trading partner.

Azerbaijani President Ilham Aliyev and Russian President Vladimir Putin signed a statement on “Allied interaction between the Republic of Azerbaijan and the Russian Federation” on February 22.

The statement aims to raise bilateral relations between Azerbaijan and Russia to a qualitatively new level – that of allied relations.

The parties agree to promote cooperation in the political, economic, defence, cultural, humanitarian, educational and social fields, as well as in the fields of health, youth and sport, on the basis of mutual historical traditions of friendship and good neighborliness, as well as deep cultural and humanitarian ties.

On November 10, 2020, Russia brokered a ceasefire agreement between Baku and Yerevan. The agreement signed by Azerbaijani, Russian and Armenian leaders ended the three-decade conflict over Azerbaijan’s Karabakh region which, along with the seven adjacent districts, was occupied by Armenian armed forces during the war of the early 1990s. 1990.

On January 11, 2021, the leaders of Azerbaijan, Russia and Armenia signed the second declaration since the end of the 44-day war. The newly signed declaration was expected to implement Clause 9 of the November 2020 declaration relating to the unblocking of all economic and transport communications in the region.

On November 26, 2021, the three leaders signed a statement and agreed on a number of issues, including the demarcation and delimitation of the Azerbaijani-Armenian border by the end of 2021, some points related to humanitarian issues and the question of the unblocking of transport corridors which applies to railway and automobile communications.

On December 14, 2021, during the Brussels meeting, organized between the Azerbaijani and Armenian leaders on the initiative of the President of the European Council Charles Michel, the parties reaffirmed their commitment to the conditions agreed at the Sochi meeting. The two sides agreed to establish a temporary working group on the delimitation of the Armenian-Azerbaijani border.

On April 6, 2022, Aliyev, Pashinyan and Michel met again in a trilateral format in Brussels. Both Aliyev and Pashinyan expressed their willingness to work quickly for a peace agreement between their countries. To this end, it was decided to instruct the Foreign Ministers to begin work on drafting a future peace treaty that would address all issues.

At the same time, it was also agreed to convene a joint border commission by the end of April. The mandate of the Joint Border Commission will be to: delimit the bilateral border between Armenia and Azerbaijan, and ensure a stable security situation along and near the border.

Follow us on twitter @AzerNewsAz

Share.

Comments are closed.