At the third meeting of the Supreme Interstate Council of Azerbaijan and Uzbekistan, President of Azerbaijan Ilham Aliyev specifically highlighted the performance of the Azerbaijan-Uzbekistan Investment Company (AUIC).
💬 “Azerbaijan has similar cooperation mechanisms with various countries, but I would say that the Uzbek-Azerbaijani fund is the most effective and results-oriented,” Ilham Aliyev said.
Key outcomes of the visit:
→ increase bilateral trade to $1 billion by 2030
→ launch new projects with Azerbaijani participation in the banking sector, industry, energy, tourism, and agribusiness
→ sign the Treaty on Eternal Friendship between the two countries
→ expand cooperation in investment, energy, industry, agriculture, construction, and tourism
→ further develop transport connectivity and the Middle Corridor
During the visit, the two sides also virtually inaugurated and broke ground on around ten projects being implemented in Uzbekistan with Azerbaijani participation.
