• $
  • €
  • ₽
  • ₺
  • £

EU aims at developing ties with Azerbaijan

EU aims at developing ties with Azerbaijan
31.01.2017 11:31
Christian Danielsson, director general for neighbourhood and enlargement negotiations at the European Commission, delivered a lecture entitled "Challenges and opportunities of cooperation between the EU and Azerbaijan in a global context” at ADA University in Baku Jan. 30.

The main aspects of the Azerbaijan-EU relations are energy, political cooperation and expansion of humanitarian ties, he said, adding that the EU and Azerbaijan can further develop bilateral contacts.

"Azerbaijan is one of the countries which we would like to further develop relations with and the EU remains the country’s largest trading partner. Energy is an important part of the mutual cooperation. The EU stands ready to continue supporting Azerbaijan in the diversification of economy,” Danielsson said.

Brussels is currently awaiting the start of the talks on a new strategic agreement which will strengthen the bilateral ties in all areas and determine the course of cooperation, according to him.

"We implement many projects on introduction of the EU standards in Azerbaijan,” he said, adding that the new agreement will offer the sides a number of economic opportunities.

He also noted the significance and expressed support for the Southern Gas Corridor project.

The European Council adopted a mandate for the European Commission and the high representative for foreign affairs and security policy to negotiate, on behalf of the EU and its member states, a comprehensive agreement with Azerbaijan in November 2016.

The new agreement should replace the 1996 partnership and cooperation agreement and should better take account of the shared objectives and challenges the EU and Azerbaijan face today.

The agreement will follow the principles endorsed in the 2015 review of the European Neighborhood Policy and offer a renewed basis for political dialogue and mutually beneficial cooperation between the EU and Azerbaijan.

Currently, bilateral relations between the EU and Azerbaijan are regulated on the basis of an agreement on partnership and cooperation that was signed in 1996 and entered into force in 1999.

The new agreement envisages the compliance of Azerbaijan’s legislation and procedures with the EU’s most important international trade norms and standards, which should lead to the improvement of Azerbaijani goods’ access to the EU markets.

www.ann.az
Youtube
Go
Similar news
Similar news
Natural Gas Futures Tick Up on NYMEX for December Delivery
Business 12:30
Natural Gas Futures Tick Up on NYMEX for December Delivery
PASHA Bank discusses financial inclusion and the future of microfinance at the 12th AMFA Conference
Business 11:56
PASHA Bank discusses financial inclusion and the future of microfinance at the 12th AMFA Conference
Crypto Market Rebounds as Bitcoin Crosses $78,500 Threshold
Business 11:00
Crypto Market Rebounds as Bitcoin Crosses $78,500 Threshold
Global Oil Benchmarks Drop Over 3% as Brent Falls Below $110
Business 10:30
Global Oil Benchmarks Drop Over 3% as Brent Falls Below $110
Gold and Silver Advance on COMEX in Latest Trading Session
Business 10:00
Gold and Silver Advance on COMEX in Latest Trading Session
Central Bank of Azerbaijan Announces Exchange Rates: Euro Eases, Ruble Gains
Business 09:30
Central Bank of Azerbaijan Announces Exchange Rates: Euro Eases, Ruble Gains
SOCAR Commissions Its 100th Petrol Station in Romania
Business 18:03
SOCAR Commissions Its 100th Petrol Station in Romania
Central Bank Oversight to Cover Financial Groups
Business 14:30
Central Bank Oversight to Cover Financial Groups
PASHA Bank introduces POS Loan for entrepreneurs
Business 13:30
PASHA Bank introduces POS Loan for entrepreneurs
Anews TV

Our official Youtube channel

Subscribe