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BAKU, Azerbaijan, Might 17. Within the present
geopolitical scenario Azerbaijan is thought to be an important hub in
the transport sector, particularly, inside to the brand new Silk Highway, the
Center Hall, Franz Wessig, Head of Group International Financial
Relations on the Federal Ministry of Digital and Financial Affairs
of Austria stated in an unique interview with Development.
“The aim of my go to is to participate within the tenth session of
the Austria-Azerbaijan joint Fee for Financial, Agricultural,
Industrial, Technical and Technological Cooperation. A enterprise
mission from Austria can also be in Baku. The final assembly of the joint
fee was held in 2018. We needed to postpone the next
classes as a result of COVID-19. I’m very glad to be right here in Baku once more.
I feel it was a really profitable assembly along with the minister
of digital growth and transport Rashad Nabiyev. We talked
about essential fields of cooperation corresponding to transport. We
mentioned the methods of accelerating transport by means of the Center
Hall, to convey items from China, Central Asia to Europe. I
assume it’s a very promising subject of cooperation. Within the present
geopolitical scenario Azerbaijan is thought to be an necessary hub
within the transport sector, particularly, inside to the brand new Silk Highway,
the Center Hall,” he stated.
Wessig recalled that on this context, just a few days in the past a
memorandum of understanding was signed between Azerbaijan’s ADY
Container and Rail Cargo Austria.
“Austrian Railways wish to cooperate with Azerbaijan
Railways within the supply of vagons, locomotives. Which items are
transported is the matter of logistics, commerce. We wish to ship
{hardware}, software program, the products – it relies upon what Europe wants from
China and what Europe can export to China. It would additionally assist
Austrian corporations of their export and import actions,” he
added.
Wessig identified that one other side of cooperation is
agriculture.
“Some of the necessary export merchandise from Austria to
Azerbaijan are cattle breeds. So that is additionally a really fascinating
subject of cooperation,” he believes.
He went on so as to add that renewable power is the principle subject on the
agenda of the go to.
“Austria is a rustic with large potential of renewable power.
About 80 % of Austrian electrical energy consumption comes from
renewables. The purpose is to achieve one hundred pc in 2030. We now have so much
of corporations on this sector, particularly, with regards to
hydropower, photo voltaic and wind energy. A few of these corporations are right here
for B2B conferences, and we will even have a gathering within the ministry
of power. Through the joint fee’s session we spoke about
tasks within the subject of renewable power, particularly, new
hydropower vegetation. We submitted draft doc on cooperation in
renewable power, concrete proposals for hydropower vegetation. There
are actually concrete tasks on this draft doc.
Could also be subsequent time we will signal the primary contract on renewable
power.
Austria has long-term expertise of utilizing hydropower vegetation for
electrical energy. It assume it is a superb and future-oriented
risk for a very long time. Hydropower is a really environmentally
pleasant manner of manufacturing power. While you construct a hydropower
station, you possibly can function it for 100 years. This could be my
suggestion to put money into hydropower,” he defined.
Wessig believes that to start with, you will need to enhance
bilateral commerce.
“Then there comes extra belief and confidence in bilateral commerce
relations and the following stage can be investments.
There ought to be extra Austrian corporations in Azerbaijan and
vice-versa. We’re trying ahead additionally for Azerbaijani investments
in Austria. As an example, Azerbaijan’s state oil firm SOCAR has
invested in Austria. It’s working a petroleum stations chain in
Austria. There are nonetheless 15 Austrian corporations right here in numerous
sectors and I feel they’re additionally eager about additional investing
in industrial sectors. I consider that there’s a good potential and
good alternative for additional investments,” he concluded.
—
Observe the writer on Twitter: @Lyaman_Zeyn
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