BAKU, Azerbaijan, May 21. Azerbaijan stands out
as a frontrunner on the worldwide stage, garnering rising curiosity as
an interesting European ally. Lithuania is amongst these European
companions of Azerbaijan that has been a help and strategic
accomplice for a very long time. In the course of the final thirty years,
Azerbaijan and Lithuania have fostered amicable interstate
relations which have developed right into a partnership grounded in shared
views on quite a few international issues. Presently, each nations
are diligently working in the direction of elevating commerce and cooperation
throughout various domains to a completely new stage.
Bilateral cooperation between Azerbaijan and Lithuania
encompasses varied areas of mutual curiosity, together with political,
financial, cultural, and diplomatic relations. The two nations
have been working collectively to reinforce cooperation and strengthen
their ties.
Lithuania advocates for enhanced cooperation between the EU and
Azerbaijan, recognizing Azerbaijan’s significance inside the EU’s
Eastern Partnership platform and its strategic function as an vitality
accomplice. Amidst the EU’s efforts to scale back reliance on Russian
fossil fuels, there’s a notable eagerness amongst EU member states
to reinforce vitality collaboration with various suppliers and
broaden the vary of vitality sources. Azerbaijan emerges as a
important participant on this pursuit, with the EU expressing a eager
curiosity in bolstering vitality cooperation and securing elevated
volumes of pure fuel from Azerbaijan. The Lithuanian facet has
repeatedly expressed its want to develop vitality partnership with
Azerbaijan as a part of diversifying vitality useful resource provides.
With Lithuania’s current institution of the fuel pipeline
connecting the nation and the Baltics to the European fuel community
(GIPL), coupled with Lithuania’s LNG terminal capabilities, the
prospects of Azerbaijani fuel reaching Lithuania by
interconnections with the European Union are promising. In the
future, the fuel from the Caspian area holds the potential to be
equipped to Lithuania, additional strengthening vitality ties between
the 2 nations.
Azerbaijan stands as considered one of Lithuania’s most strong companions
in relation to EU Twinning tasks awarded to Lithuania inside
the Eastern Partnership nations. To date, Lithuania has engaged
in 26 mission picks in Azerbaijan, securing participation in
17 of them. This collaborative observe report highlights the fruitful
cooperation and shared dedication between the 2 nations in
selling mutual improvement and progress.
In 2022 alone, Lithuania has efficiently secured 4 EU
Twinning tasks in Azerbaijan, specializing in areas corresponding to
transport security, environmental safety, pension reform, and
healthcare. These tasks display the continuing dedication of
Lithuanian establishments to contribute their experience and
collaborate with their Azerbaijani counterparts in driving constructive
developments in these key sectors. Additionally, Lithuanian
establishments are at the moment actively implementing 5 EU Twinning
tasks in Azerbaijan, additional strengthening the bilateral
cooperation and alternate of data between the 2 nations.
Moreover, in 2023, Lithuania will probably be helping Azerbaijan within the
space of mine motion by the EU Team Europe Initiative.
Economically, Azerbaijan and Lithuania have been fostering commerce
and funding relations. In 2022, the commerce turnover between the
two nations reached nearly $33 million.
Both Azerbaijan and Lithuania have actively pursued methods
to spice up bilateral commerce and discover untapped alternatives for
financial cooperation. Key sectors of focus embody vitality,
transportation, agriculture, and knowledge know-how.
Azerbaijan has been actively working to create a positive
enterprise setting that encourages funding, stimulates
financial development, and helps the event of varied
industries. The nation has applied a spread of reforms and
initiatives to draw home and international companies, enhance the
ease of doing enterprise, and improve competitiveness.
A shared purpose of making an advantageous enterprise local weather has
pushed initiatives to foster direct engagement between the enterprise
communities of each nations, facilitating fruitful partnerships and
increasing financial ties. An financial discussion board between the enterprise
communities of Azerbaijan and Lithuania was held in May 2022 as
a part of the Lithuanian President’s go to to Azerbaijan. The points
the 2 delegations mentioned includedtrade, funding,
agriculture, improvement of data know-how, transport,
vitality, training, and so forth. This occasion as soon as once more confirmed Azerbaijan’s
rising attractiveness as a vacation spot for enterprise and
funding.
Today, Azerbaijan holds an influential place amongst its
European counterparts, because of the forward-thinking insurance policies of
President Ilham Aliyev. Azerbaijan’s status for successfully
executing oil and fuel tasks has earned the nation immense
respect from its companions. However, it’s not simply the vitality
sector that draws consideration. Increasingly, extra nations are
recognizing the worth of creating relations with Azerbaijan
throughout varied sectors. The signing of strategic agreements with
European companions lately underscores the importance of
this coverage course. Europe’s relationship with the Caucasus
could be incomplete with out Azerbaijan’s energetic participation and
affect. As a outstanding chief within the South Caucasus area,
Azerbaijan’s significance extends past its instant neighbors,
making it a major participant on the complete European
continent.
