Bulgaria keen on developing bilateral ties with Azerbaijan

By: Aynur Karimova
Bulgaria is interested in developing bilateral relations with Azerbaijan, Bulgarian President Rosen Plevneliev said on October 7.

He made this remark at a meeting with Nazim Ibrahimov, Chairman of the Azerbaijan State Committee on Work with Diaspora, a member of the Board of Directors of the Nizami Ganjavi International Centre in Sofia.

During the meeting Plevneliev also noted that Azerbaijan is one of Bulgaria’s main partners.

Appreciating the activity of the Nizami Ganjavi International Centre, the Bulgarian leader also appraised the projects carried out on the initiative of the centre.

The sides also exchanged views on various issues.

Azerbaijan and Bulgaria have developed friendly relations after Bulgaria recognized the independence of Azerbaijan in January 1992.

Diplomatic relations between the two countries were established in June 1992 and the Embassy of Bulgaria in Azerbaijan was opened in December 1999.

Bulgaria and Azerbaijan have the potential for a much greater trade turnover than current figures show. In 2014, the Azerbaijan State Statistics Committee reported that trade between the two countries amounted to $124.596 million, while this figure in January-July 2015 amounted to $6.55 million. Compared with the same period last year, export-import operations between the two countries have declined by 8.8 times.