Economy Minister Mikayil Jabbarov spoke at the economic forum “Transforming the SPECA region into a global communication hub,” organised by the United Nations, Azerbaijani media reported.
The meeting was organised by the UN within the framework of the Special Programme for the Economies of Central Asia (SPECA) week in Baku.
Azerbaijan acts as a bridge between East and West, for many other SPECA countries.
Jabbarov stated that trade turnover between Azerbaijan and SPECA countries has increased by 16 per cent in ten months of the current year compared to the same period last year, reaching 1.2 billion US dollars.
He also mentioned that SPECA countries showed activity in the former territories of Nagorno-Karabakh.
“For 30 years Azerbaijan has suffered from violation of its sovereignty. Azerbaijan is now investing in the liberated territories. Uzbekistan has built a school in the liberated territories and we highly appreciate the activities of other countries.”
