Montenegro and Azerbaijan: Economic Cooperation Protocol Signed

By , 28 Jun 2019, 00:02 AM Business
Montenegro and Azerbaijan: Economic Cooperation Protocol Signed Copyrights: Ministry of Economy of Montenegro

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27 June 2019 - The Second session of the Mixed Commission for Economic Cooperation between the Government of Montenegro and the Government of Azerbaijan took place in Baku recently, during the bilateral visit of the Prime Minister of Montenegro Duško Marković to Azerbaijan. Minister of Economy Dragica Sekulić headed the Montenegrin delegation.

As a result of the work of the aforementioned commission, the Protocol of the Second session of the Mixed Commission for Economic Cooperation between the Government of Montenegro and the Government of the Republic of Azerbaijan was signed defining concrete modalities of cooperation in areas recognised as mutually beneficial, such as trade, energy, transport, tourism, environmental protection, agriculture, science, education, labour and social welfare.

According to the official report of the Ministry of Economy of Montenegro, the Montenegrin delegation met in Baku with Co-Chairman of the Commission from the Azerbaijani side Sahil Babayev.

Expressing satisfaction with the presence of a large number of the Azerbaijani investments in Montenegro, the Minister of Economy of Montenegro pointed out that efforts should be taken to increase the level of trade exchange.

Minister Sekulić welcomed her Azerbaijani counterpart's initiative to open Azerbaijan's trade house in Montenegro and stressed Montenegro's willingness to share with Azerbaijan its experience and expertise gained in the process of joining the World Trade Organisation.

On the same occasion, Minister of Public Administration of Montenegro Suzana Pribilović participated in the United Nations Public Service Forum (UNPSF) titled "Achieving the Sustainable Development Goals through effective Delivery of Services, Innovative Transformation and Accountable Institutions".

"We are constantly working on improving the work of electronic administration and increasing the number of electronic services. Through the new Law on Electronic Signature and Identification, we have created the conditions for high-quality electronic business, established a new system of protection against cyber attacks and we managed to protect the system from cyber attacks in the previous period. Also, through securing the continuity of the reform processes, we are committed to meeting the standards and values ​​inherent in modern societies," Minister Pribilović concluded on this occasion.

Read more news about business in Montenegro at TMN's dedicated page.

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