The issues of economic cooperation between the EU and Azerbaijan in the context of new realities of low oil prices and slower economic growth in the region has become one of the topics of the talks in Baku on 29 February between the EU High Representative for Foreign Affairs and Security Policy Federica Mogherini and the Foreign Minister of Azerbaijan Elmar Mammadyarov.
In this context, Mogherini said that progress in the negotiations on Azerbaijan's accession to the World Trade Organization (WTO) would create good opportunities for the formation of an open and competitive business climate in Azerbaijan and its greater economic integration with the EU.
However, as noted Mogherini, the sides agreed to strengthen cooperation in the implementation of reforms to diversify the economy.
According to her, Azerbaijan is one of the most important EU trade partners in the region.
The EU for its part is the largest investor in Azerbaijan. However, there is potential for boosting economic cooperation.
Mogherini also emphasized that Baku and Brussels are working on a new comprehensive agreement on strategic partnership. The Azerbaijani side presented the text of the agreement for consideration by Brussels in May 2015 at the Riga summit of Eastern Partnership.
At the same time Baku refused the EU Association Agreement within the framework of Eastern Partnership. -06C--
Politics
-
Head of the External Relations and Security Service of the EU Josep Borrel rejected the accusations against him and European countries made by the head of Azerbaijan at the COP29 conference the previous day.
-
On Thursday, President Ilham Aliyev received the Secretary General of the Council of Europe, Alain Berset, who arrived to participate in the COP29 climate conference.
-
The European Court of Human Rights (ECHR) today issued five rulings on applications from Azerbaijan. The case of "Afgan Mammadov v. Azerbaijan" concerned the complainant's exclusion from the Bar Association. Mammadov was expelled based on a complaint filed by a colleague, which he considered unjust. The ECHR ruled that Mammadov's rights had been violated and ordered Azerbaijan to pay him €5,000 in compensation for moral damage and €1,000 to cover legal costs.
-
During the ongoing COP29 climate conference in Baku on November 14, a group of activists staged a protest condemning Russia's aggression against Ukraine. The activists also denounced countries that supply oil and weapons to nations waging aggressive wars. The protest featured placards with slogans such as: "From fossil fuels to peace!", "End war crimes!", "Punish the aggressor!", and "Phase out fossil fuel use to achieve peace!" among others.
Leave a review