Discussions held to develop economic cooperation with Romania

Economy Minister Mikayil Jabbarov met with Romanian Minister of Energy Virgil-Daniel Popescu and Special Representative for Strategic Projects Ana Birchall.

During the online meeting, Mr. Jabbarov underlined the successful development of relations with Romania, the importance of mutual visits and meetings in broadening cooperation, stressing that the Azerbaijani-Romanian trade and economic partnership is expanding. In 2021, as in January of this year, the trade turnover between the two countries grew up. The meeting also stressed the mutually beneficial cooperation between the two countries in the field of energy, agriculture, transport and other areas, as well as the effective activities of SOCAR in Romania.

Romanian Minister of Energy Virgil-Daniel Popescu voiced his visions on extending ties, noting the possibility of implementing joint projects in a number of sectors of the economy.

Highlighting the 30th anniversary of the establishment of diplomatic relations between the two countries this year, Special Representative for Strategic Projects Ana Birchall expressed that the country is interested in promoting bilateral relations and that broadening economic ties will strengthen partnerships in other areas.

At the meeting, which was also attended by Rovshan Najaf, First Vice President and Acting President of SOCAR, the sides discussed the strengthening of trade and economic cooperation, including in the energy sector, and other issues of mutual interest.

At the end, a document was signed to extend the term of the Memorandum of Understanding concluded between SOCAR Azerbaijan and Romanian Transgaz in July 2016 for another 6 years.