Ambassador: Trade turnover between Azerbaijan and Lithuania doubled in last 4 years

Ambassador: Trade turnover between Azerbaijan and Lithuania doubled in last 4 years During these four years, the trade turnover between Azerbaijan and Lithuania has increased, it actually almost doubled, said Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to Azerbaijan Egidijus Navikas, Report informs.
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August 28, 2023 13:45
Ambassador: Trade turnover between Azerbaijan and Lithuania doubled in last 4 years

During these four years, the trade turnover between Azerbaijan and Lithuania has increased, it actually almost doubled, Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to Azerbaijan Egidijus Navikas said in his interview with Report.

"In 2019 it was around $30 million per year, now it is almost $60 million per year. It means that economic relations are also developed in this positive trend," he added.

"Many areas of cooperation, I would mention some of them, as Lithuania has very important specific and very interesting niche called EU twinning projects. We are implementing in Azerbaijan these so-called EU twinning projects, which are financed by EU, and implemented by EU member states. In this case, Lithuania has won so far 17 projects, we have projects with almost all ministries in Baku, projects meaning some reforms, some modernization, these are not very big projects, it’s like two-year projects," Navikas noted.

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