Azerbaijan, Malta mull future co-op, says FM

Azerbaijan and Malta have discussed the future cooperation matters, Azerbaijan's Foreign Minister Elmar Mammadyarov said Apr.29.

Mammadyarov made the remarks during the briefing following the talks with his Maltese counterpart George William Vella in Baku.

Azerbaijan and Malta signed documents on cooperation in customs sphere, youth policy and an agreement on consultations between the foreign ministries of the two countries, said the minister.

The parties also discussed the prospects for cooperation in energy sphere.

Mammadyarov pointed out that Malta will take over the presidency in the Council of the European Union in 2017.

Vella, in turn, said that a new stage of relations will start between Azerbaijan and Malta.

"There are many promising spheres of cooperation which can be beneficial for both countries," he said.

Vella noted that Malta is a suitable country for cooperation in the economic sphere.

"I would like to take this opportunity to invite Azerbaijani businessmen to establish cooperation with Malta," he said.

The trade turnover between Azerbaijan and Malta neared $142 million in 2015, according to Azerbaijan's State Customs Committee.

This is while the trade turnover between the two countries neared $13.3 million in the first quarter of 2016, or almost twice more than in the same period in 2015.

Source: Trend