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India keen to have energy cooperation Azerbaijan

Last Updated: Sunday, September 25, 2011 - 14:33

Baku: India is keen to have energy cooperation with oil-rich Azerbaijan, a senior Indian diplomat has said, as the two countries held talks to strengthen
bilateral ties in the political, trade, economic, and cultural fields.

The third round of the India-Azerbaijan Foreign Office
Consultations was held in Azerbaijan`s capital Baku on 22-24
September during which both sides agreed to strengthen the
institutional framework between the two countries, and sign
documents, currently under discussion, at the earliest.

The Indian delegation was led by Sanjay Singh, Secretary
(East), Ministry of External Affairs while Khalaf Khalafov,
Deputy Foreign Minister of the Republic of Azerbaijan, led
tThe Azerbaijani delegation.

"The fact is that as an energy importing and fast
developing country, India had an interest in Azerbaijan`s oil
and gas sector...and possible utilisation of energy
surpluses for production of end products of interest to India,
such as fertilizers," Singh was quoted as saying by an
official statement.

The two sides also discussed in detail bilateral
relations with particular focus on strengthening cooperation
in the political, trade, economic, and cultural fields and
people to people exchanges. Views were also exchanged on
regional and international issues of mutual interest.

Singh also conveyed India`s support for the sovereignty
and territorial integrity of the Republic of Azerbaijan.
Azerbaijan is considered one of the most important spots
in the world for oil exploration and development.


First Published: Sunday, September 25, 2011 - 14:33

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