Azerbaijan - most important investor in Albania

Azerbaijan is the most important investor in Albania in these 30 years.

Report informs, citing Albanian Daily News, that bilateral relations between Albania and Azerbaijan are good, especially the economic ones.

Albania notes the importance of the Trans-Adriatic gas pipeline for the region.

"The gas pipeline corridor 'TAP' is expected to continue with the Ionian project 'JAP', which starts from Albania in the direction of Montenegro, Croatia, Slovenia, Austria and Italy. This would give the Albanian economic a significant breather and stability for the future, especially if we refer to today's energy crisis," the article reads.

It is noted in the article that Azerbaijan is experiencing one of its best eras in the economic, diplomatic and trade fields.

The energy crisis and the current geopolitical situation gave Azerbaijan an opportunity to strengthen the country's position as an important transit point for global trade, a vital source of energy for Europe, according to the article.

"Azerbaijan has become the main interlocutor for Europeans in the field of energy and trade. This is shown by the high intensity of the meetings between the two parties," the article says, adding that Azerbaijan's gas exports to Europe have increased by more than 30%, making it one of the old continent's alternative suppliers.