Azerbaijani energy minister to discuss current economic relations in Italy

A delegation headed by Azerbaijani Minister of Energy Natig Aliyev will participate in the fourth meeting of the Azerbaijan-Italia intergovernmental commission on economic issues and business forum, to be held in Rome on June 13, says a message published on the website of the Azerbaijani energy ministry.

According to the message, Italian ambassador to Azerbaijan Giampaolo Cutillo visited the ministry of energy to discuss the preparation of the Azerbaijani delegation’s visit.

“The current state of economic relations between the two countries and prospects of expanding the cooperation will be discussed at a meeting of the intergovernmental commission,” the message said. “A protocol is planned to be signed following the meeting. The Azerbaijan-Italia business forum will be also held.”

Italy is one of Azerbaijan’s main trade partners.

According to the Azerbaijani State Customs Committee, Italy ranked first in the list of Azerbaijan’s foreign trade partners with a trade turnover of $462.44 million in the first quarter of 2016, that is, 12.82 percent of the country’s total volume of trade operations.

The goods worth $368 million were exported to Italy in January-March 2016, that is, 20.67 percent of a total volume of Azerbaijani export.

Source: Trend