Azerbaijan discussed promising areas of cooperation with OPEC

Azerbaijan and the Organization of the Petroleum Exporting Countries (OPEC) have discussed the expansion of cooperation for the restoration and reconstruction of the liberated territories of Azerbaijan from occupation.

Report informs, the issues were discussed at the meeting of the First Deputy Minister of Economy of Azerbaijan Elnur Aliyev with the Director General of the OPEC International Development Fund Abdulhamid Al-Khalifa within the framework of the 48th annual meeting of the Islamic Development Bank in Jeddah.

During the meeting, information was given on the national priorities of the socio-economic development of Azerbaijan until 2030 and the interest of our country in cooperation with international financial institutions within the framework of the goals set was noted, the need to expand ties in the direction of developing priority sectors was emphasized.

The parties discussed the potential of the East-West and North-South transport corridors and the role of our country as a transport hub, as well as projects in the field of renewable energy sources and support for SMEs

At a meeting with the aim of developing bilateral cooperation, a high-ranking delegation of the fund was invited on an official visit to our country.

source: report.az