President of Azerbaijan participates in forum on business interaction group on Azerbaijan in Davos

The event attended by international business circles was opened by Stephen Kinnock, Director of World Economic Forum`s Europe and Central Asia team. He expressed satisfaction with President Ilham Aliyev`s participation in the Forum.

Making a speech at the event, President Ilham Aliyev spoke of recent accomplishments achieved in his country.

He said successful economic reforms carried out in Azerbaijan ensured dynamic economic development in the country.

According to him, Azerbaijan has done a lot of work in the energy sector, and that the country transports its oil and gas recourses to Europe.

The Head of State underlined that favorable conditions were created for investors in Azerbaijan. He added the country also participates in investment projects in foreign countries.

The President pointed out that Azerbaijan`s economic policy aims to increasing welfare of the country`s people.

He also spoke of problems hindering regional cooperation and security including Armenia`s aggression against Azerbaijan as a result of which 20 percent of Azerbaijani territories were occupied.

He also stressed Armenia does not honor documents of the United Nations and other organizations.

President Ilham Aliyev also replied to questions on international energy projects, prospects for transportation of Central Asian countries` natural resources to world markets through the Caspian Sea and other issues.

Following the event, President Ilham Aliyev briefly chatted with the business circles. They said they were curious about cooperation with Azerbaijan, making investment in the country and participation in new projects.

/AzerTac/