First Deputy Prime Minister of Belarus Vladimir Semashko stated that Belarus is ready to arrange assembly manufacturing of wide range of agricultural machinery in Azerbaijan. He also pointed out the significance of implementing the project at Ganja Auto Plant in Azerbaijan, where Belarusian tractors and automobiles are assembled.
“We can assemble here 800 tractors a year,” said Vladimir Semashko during the seventh intragovernmental meeting on Belarusian- Azerbaijani Committee on Trade and Economic Cooperation, which took place in Minsk on August 27th. Deputy Prime Minister reckons that the tractor assembly should be integrated with the manufacturing of other agricultural machinery.
According to Vladimir Semashko, to enrich the trade the parties should consider other products, in particular Belarus can offer to Azerbaijan oil production equipment.
Vladimir Semashko pointed out that Belarus is interested in attracting Azerbaijani investments and is ready to invest in the economy of Azerbaijan.
First Deputy Prime Minister of Azerbaijan Yaqub Eyyubov said that Azerbaijan is interested in developing the trade and economic cooperation with Belarus. “Belarus is a priority country for Azerbaijan. We have brotherly relations and this gives us the opportunity to arrange the work in the way that favors both the sides,” he stated.
According to Yaqub Eyyubov, Ganja Auto Plant became the leader in Belarusian- Azerbaijani cooperation in manufacturing field. Basically, this enterprise started to work effectively due to the assembly of Belarusian tractor and trucks.
At the moment, the parties study the possibility of launching assembly manufacturing of Minsk Automobile Plant buses, Minsk Wheel Tractor Plant machinery, mounted agricultural machines, as well as establishing joint medicine and meat products manufacturing enterprises.
More than 250 enterprises participate in Belarusian- Azerbaijani trade of more than 300 units, 250 of which are exported from Belarus to Azerbaijan. At the moment Azerbaijan receives products of more than 200 Belarusian enterprises.
As the press service of the Council of Ministers informs, the main result of the negotiations was an agreement to widen the manufacturing cooperation between Belarus and Azerbaijan. The parties also intend to activate the cooperation in IT, Space, nano- and biotechnologies fields. Azerbaijan showed high interest in Belarus Hi-Tech Park. The Parties agreed to hold a science and technology forum in Minsk in the first quarter of 2013.
Next meeting of intragovernmental commission will take place in Baku in 2013.
