The BiH Minister of Foreign Affairs Zlatko Lagumdžija agreed yesterday with the highest officials of Azerbaijan on ways to participate in the construction of Corridor 5C and domestic energy projects.
The BiH delegation presented in Azerbaijan concrete projects on modalities of the construction of Corridor 5C, and this project was assessed positively by Azerbaijan.
In this sense, they agreed on the formation of an intergovernmental working group that would in the next period work intensively on concretely defining participation of the Azerbaijani side on a part of the Corridor 5C.
During yesterday’s meeting, they agreed to establish the legal framework, and the establishment of an interstate commission as a legal and institutional basis for future cooperation, announced the BIH Ministry of Foreign Affairs.
Lagumdžija met with the Prime Minister of Azerbaijan Artur Rasizade, the Minister for Economic Development Shahin Mustafayev and representatives of state companies for oil and gas SOCAR in separate meetings during the second day of his visit.
SOCAR was presented with the opportunities to invest on the oil and gas market in BiH.
In the context of the forthcoming defining of the route of the gas pipeline from Azerbaijan to the EU, they spoke of the opportunities of investment participation of Azerbaijan in the gasification and modernization of the oil and gas industry in BiH.
SOCAR representatives expressed interest, and announced a visit to BIH where they would speak about concrete cooperation with representatives of local companies from that sector.
Both sides agreed to hold a business forum in the fall that would be a place for summarizing concrete results, but also a place for establishing cooperation on projects in tourism, agriculture and food production as some of the strategic activities of the BIH economy.
The BiH delegation, led by Lagumdžija, was composed of the Minister of Transport and Communications Damir Hadžić and the Prime Minister of the BIH Federation Nermin Nikšić.
