President Ilham Aliyev met India’s foreign minister in Baku. The sides discussed ways to strengthen bilateral ties, AnewZ reports.
They highlighted shared interests as members of the Global South and noted similar positions on a number of international issues. The talks also covered expanding cooperation in politics, trade, the economy, advanced technology, culture and humanitarian affairs.
The sides said it was important to strengthen cooperation within international organizations and increase high-level contacts and mutual visits. They also discussed exchanges of business and economic delegations to deepen commercial ties and create new opportunities for cooperation.
Energy remains one of the main areas of Azerbaijan-India economic relations. Indian company ONGC Videsh’s participation in the Azeri-Chirag-Gunashli fields and the Baku-Tbilisi-Ceyhan pipeline reflects the long-term energy partnership between the two countries.
Investment opportunities were also discussed. An Indian company was among those that invested a total of $125 million in Azerbaijan through a recent investment forum. The investment highlights opportunities for Indian businesses in Azerbaijan and the potential for new commercial partnerships between the two countries.