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News Belarus, Azerbaijan discuss production cooperation
Sergei Sidorsky, the Prime Minister of the
Sergei Sidorsky is scheduled to meet with President of Azerbaijan Ilham Aliyev and have face-to-face negotiations with Prime Minister Artur Rasi-zade, followed by extended talks. The both sides are set to discuss deliveries of Belarusian agro-industrial complex production, mutual research projects and the establishment of export promotion centres in the two countries. The members of the Belarusian delegation are scheduled to hold bilateral meetings with Azerbaijan’s high officials, such as the Minister of Economic Development of Azerbaijan, the Minister of Industry and Energy of Azerbaijan, the Head of Construction and Architecture Committee and the Chief Architect of the city of
In 2008, ranked sixth in
For the past five years the bilateral trade has increased 10.7 times to exceed $100 million in 2008. Belarusian exports to have surged 12 times over this period. Belarus’ major exports to are machinery (33.5% of total exports), foodstuffs (11.1%), woodworking products (5.5%), medicines (4.1%), construction materials (6.4%) and petrochemical products (2.5%). Belarus mainly imports agricultural products and raw materials (vegetable and fruit juices), acylic spirits, synthetic fabrics. In 2008 Belarusian exports increased across a number of industries: food industry (up 52.6%), construction (206.5%), machinery construction (25.1%), petrochemistry (24.7%). The export portfolio increased from 197 items in 2007 to In January-May 2009, the trade totalled $48.6 million, up 10% from the same period last year. Exports amounted to $46.5 million (up 10.7%), import $2.2 million (down by 3.4%). had a $44.3mn surplus in trade with . In 2007 the two countries launched several joint projects in manufacturing cooperation. Truck and tractor assembly facilities were opened in
In March 2007 the intergovernmental Belarusian-Azeri commission for trade and economic cooperation held the fourth session on the level of prime ministers. The session adopted the action plan to implement the programme of long-term social and economic cooperation between the
In May 2007 the
In May 2008
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