Deputy PM/Minister of Investments and Foreign Trade Jamshid Khodjayev held meetings with the leadership of the Alat free economic zone and Baku International Sea Trade Port as part of his visit in Azerbaijan yesterday.
According to the Ministry of Investments and Foreign Trade, during the negotiations, the parties explored the prospects for establishing investment, transport and logistics cooperation based on the joint use of the port and the FEZ.
In particular, the prospects were discussed for expanding investment partnerships with an emphasis on the implementation of joint projects in the production of food, leather and footwear, textile and other products at Alat FEZ with the organization of further export to the markets of the EU countries, the CIS and other neighboring countries.
With the Director General of the Baku International Sea Trade Port CJSC Taleh Ziyadov, the possibilities of further expanding transport and logistics ties were considered, in particular, taking measures to increase the volume of container traffic and transportation of Ro-Ro type cargo through seaports. The parties welcomed the signing of the Intergovernmental Agreement on International Road Transport. The prospects of opening Uzbek warehouses and container terminals at the Baku International Sea Trade Port and holding a meeting of the Joint Commission on International Road Transport to discuss issues of mutual transportation of goods, including essential goods through the territories of the two countries, were emphasized.
