President Ilham Aliyev thanked Klaus Schwab for inviting him again to the World Economic Forum. The head of state said fruitful cooperation was created between Azerbaijan and the World Economic Forum.

President Ilham Aliyev said this cooperation was fully compatible with the objective of improving the situation in the world countries.

The head of state said significant measures were carried out in Azerbaijan for ensuring the security and restoring the stability.

President Ilham Aliyev stressed the importance of geographical place of Azerbaijan. The head of state said this factor created opportunity for successful realization of large transnational projects, as well as North-South, East-West corridors and other projects.

President Ilham Aliyev spoke about the ongoing development processes in the country over the last years. The head of state said Azerbaijan entered a new development stage. President Ilham Aliyev noted that impressive measures were carried out in the country for diversification of economy and export.

The head of state said meetings held within the Davos Forum resulted in realization of several important projects. President Ilham Aliyev said the influential international events were held in Azerbaijan over the last years.

The head of state noted that Baku successfully hosted the first European Games.

President Ilham Aliyev described the visit of Pope Francis to Azerbaijan as an example of attention paid to the high tolerance environment in the country.

Executive Chairman of the World Economic Forum Klaus Schwab said there is fruitful cooperation between Azerbaijan and the World Economic Forum, adding that President Ilham Aliyev’s participation in the Forum contributed to bilateral cooperation.

Klaus Schwab said he eye-witnessed the strong development during his visit to Azerbaijan and spoke about the beauty of Baku.

Schwab said security and stability in Azerbaijan played a significant role in the country’s development.

He said great work was done in Azerbaijan over the last years, adding that Baku hosted influential international events. The executive chairman of the World Economic Forum highly appreciated the tolerance environment in Azerbaijan.

During the conversation, the sides exchanged views on the issues of mutual interest.