Marat Terterov: Armenia’s long term security will be better served by strengthening economic security, rather than defining national security on the basis of the Tsarist Russian catch-cry “armiya i flot”
Baku. On Friday ended a three-day visit to Kyrgyzstan of the Azerbaijani delegation headed by the President of JSC Azerenerji Etibar Pirverdiyev.
The Azerbaijani delegation also included representatives of JSC Azenco and JSC Expressbank. During the visit, during a meeting with First Deputy Prime Minister of Kyrgyzstan Aaly Karashev considered the establishment of the Azerbaijan Investment and Commercial Bank of Kyrgyzstan, Kabar news agency reported.
During the meeting they discussed issues of joint investment projects in mining, energy, fertilizer plant construction in Kyrgyzstan, as well as the creamery construction. In addition, the Azerbaijani side expressed interest in setting up production of import-substituting production in Kyrgyzstan.
The two sides also discussed the implementation of a joint project to build a Kyrgyz-Kazakh-Azeri oil refinery in the Kyrgyz Republic, and exchanged experiences in the creation of technology parks. It is known that in 2012-2013 the Azerbaijani State Oil Company SOCAR build a refinery in the Kyrgyz Republic. The agreement was reached during the visit of Atambayev in Azerbaijan in April 2012.