Baku Business Center hosted the fourth Azerbaijani-Greek business forum on April 6, the Azerbaijani president’s official website reported.
The business forum was attended by the Presidents of Azerbaijan Ilham Aliyev and Greece Karolos Papoulias.
Opening the business forum with 250 business people from Azerbaijan and Greece, President Aliyev mentioned the successful progress of Greek President Karolos Papoulias's official visit to Azerbaijan. He expressed a hope that the negotiations and the undersigned documents will give impetus to further strengthening of relations between the two countries.
"High-level political relations between the countries have attained the top level and mutual visits of the Heads of State clearly testify for it," President Aliyev said. He highlighted the great potential for developing economic ties.
President Aliyev particularly stressed the efficiency of the activities of the joint inter-governmental commission in this regard.
President Aliyev said the two countries successfully cooperate in oil and gas sector. Azerbaijan has been exporting gas to Greece since 2007 and gas exports will increase in volume under the memorandum signed during Greek President Papoulias's official visit. Over the past period Azerbaijan and Greece, whose economic interests coincide, have confirmed their image of a reliable partner, the Azerbaijani president stressed, expressing confidence that the countries will further conduct effective activities to diversify economic cooperation.
Speaking of the plans on new investments in the gas sector of Azerbaijan, whose proven reserves are estimated at 2.2 trillion cubic meters of gas, President Aliyev called upon the business people of both countries to increase mutual investments.
Describing the event as an example of high-level economic ties between the countries, the Greek President Papoulias mentioned the great potential of cooperation with Azerbaijan, which occupies a leading position in the South Caucasus in various fields. The real basis for ongoing cooperation between the business circles was laid during the Azerbaijani President's visit to Athens in 2009 and the Azerbaijani-Greek business forum conducted during this visit opened up new opportunities for trade and economic cooperation, Karolos Papoulias added. He praised the existing relations between the countries in the energy sector.
After the business forum, the Presidents viewed the panorama of the capital from the National Park.
President Aliyev told the Greek President Karolos Papoulias about improvement and construction activities carried out in Azerbaijan's capital over recent years.
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