Azerbaijan to invite Chinese companies to benefit from potential of liberated areas

Azerbaijan to invite Chinese companies to benefit from potential of liberated areas "Azerbaijan needs close partners who will unite sources of construction and investment to carry out restoration and construction work in Karabakh to ensure long-term prosperity. Chinese investors and construction companies will be invited to benefit from
Infrastructure
December 24, 2020 17:00
Azerbaijan to invite Chinese companies to benefit from potential of liberated areas

"Azerbaijan needs close partners who will unite sources of construction and investment to carry out restoration and construction work in Karabakh to ensure long-term prosperity. Chinese investors and construction companies will be invited to benefit from the untapped potential of Azerbaijan's liberated territories," Azerbaijani Ambassador to China Akram Zeynalli said, Report quotes.

"Fortunately, Azerbaijan and China already have friendly, multidimensional, and fruitful relations. "Currently, both peoples can immediately benefit from the peace dividends arising from the end of the Nagorno-Karabakh conflict," he said.

The ambassador noted that Azerbaijan is already China's largest trading partner in the Caucasus. Last year, the trade turnover between the two countries amounted to about $ 2.2 billion. Business and investment continue to grow year by year, and Chinese investment can stimulate the region's economic recovery. For example, the Chinese-led Asian Infrastructure Investment Bank has provided significant support to the Trans-Anatolian Natural Gas Pipeline Project, which transports natural gas from Baku to Turkey in parallel with the Baku-Tbilisi-Kars railway:

"We must redouble our efforts to benefit both countries. After the conflict in Nagorno-Karabakh, the opportunities brought by the terms of peace are clear, and they will benefit not only the two peoples but also the world. Let's seize the moment together. "

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