Investors from Azerbaijan Interested in Northern Montenegro

By , 06 Jul 2019, 01:14 AM Business
Investors from Azerbaijan Interested in Northern Montenegro Copyrights: Youtube Screenshot

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04 July 2019 - The recent visit of Prime Minister, Duško Marković, to Azerbaijan was very important in the context of promoting friendship, enhancing cooperation and partnership between two Governments, said the Director of Cultural and Economic Center of Azerbaijan and Montenegro, Sejran Mirzazada. He hopes that opening Montenegrin diplomatic mission in Azerbaijan will stimulate expanded cooperation, as CdM reported.

“Our states have stable mutual relations. Azerbaijan gives the development of relations with Montenegro special importance. Today, our states have efficient cooperation and we are constantly finding ways to expand it,” Mirzazada and added that Azerbaijan was currently the greatest investor in Montenegro.

Marković was in his official visit to Azerbaijan from 23 June to 25 June, at the invitation of the Prime Minister of Azerbaijan, Novruz Mamadov.

“I firmly believe that very soon this visit and our priceless meetings will make a positive contribution to the advancement of our relations,” said Mirzazada.

He pointed out that the Montenegrin delegation had had the opportunity to present numerous tourist potentials of Montenegro.

“Parties exchanged views on the possibilities of expanding cooperation in the energy sector, tourism, construction, agriculture, and transport. It was highlighted that the business environment and economic interests had to be mutually examined,” said Mirzazada.

He added that Montenegrin delegation had called on Azerbaijani investors to invest in agriculture, transport and infrastructure projects, as well as development projects in northern parts of Montenegro.

“In that context, they had considered the possibilities for the cooperation within Trans Adriatic and Ionian pipeline,” pointed out Mirzazada.

The second meeting of Joint Commission for Economic Cooperation between the Governments of two friendly countries took place on 25 June in Baku.

“It was stated in the meeting that two governments should consider the possibilities for export of industrial and agricultural products in Montenegro as well as import of high-quality products from Montenegro to Azerbaijan. The turnover between our countries is expected to grow. In his address, Marković pointed out that government support to investors encouraged Azerbaijani investors,” said Mirzazada who expects positive results in the future.

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

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