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Baku. Issues of trade and economic relations between Baku and Podgorica were discussed at the meeting on July 17, during the First Deputy Prime Minister Yagub Eyubov with Prime Minister of Montenegro, Igor Luksic.
Last year, bilateral trade amounted only $ 4 million, which does not correspond to the potential of cooperation. In order to revive economic ties, it is expected to start work of the intergovernmental commission.
Eyubov expressed satisfaction with the participation of Azerbaijan in major investment projects in tourism of Montenegro. He also thanked Montenegro for support of Azerbaijan during the elections as non-permanent members of UN Security Council.
Luksic, announced about the creation in the parliament of his country a Friendship Group with Azerbaijan. He expressed his country's interest in economic cooperation with Azerbaijan and noted the importance of Business Forum. He called for the signing of agreements on avoidance of double taxation and cooperation in customs matters.