Foreign Minister: Economic Cooperation with Israel is Expanding

Baku: 'We had the opportunity to discuss the development of economic relations and numerous agreements,' said Azerbaijan's Foreign Minister Jeyhun Bayramov during a briefing with his Israeli counterpart, Gideon Sa'ar.

According to Azerbaijan State News Agency, the minister emphasized that economic cooperation is expanding. Currently, 124 Israeli companies are operating in Azerbaijan, implementing various projects. Relations in the energy sector are particularly extensive. For the first time, SOCAR has acquired a 10 percent stake in Israeli gas fields.