President Ilham Aliyev Approves Economic Cooperation Agreement with Albania
Baku, The Gulf Observer: In accordance with recent media reports, His Excellency President Ilham Aliyev of the Republic of Azerbaijan has issued a formal decree, officially endorsing the “Agreement on Economic Cooperation between the Government of Azerbaijan and the Council of Ministers of Albania.” This significant decision underscores Azerbaijan’s commitment to fostering mutually beneficial economic relations with Albania.
The agreement, which was originally signed on March 1, 2024, within the esteemed confines of Baku city, has now been granted official approval by President Aliyev through this decree. With this endorsement, the framework for economic collaboration between Azerbaijan and Albania is set to be fortified and operationalized.
Per the stipulations outlined in the decree, the Ministry of Economy of Azerbaijan is entrusted with the pivotal responsibility of overseeing the diligent implementation of the agreement’s provisions. This mandate reflects Azerbaijan’s dedication to ensuring the effective execution of the terms agreed upon for fostering economic synergies between the two nations.
Furthermore, Azerbaijan’s Ministry of Foreign Affairs is directed to undertake the requisite steps for formally notifying the Council of Ministers of Albania regarding the completion of internal state procedures essential for the agreement’s entry into force. This diplomatic gesture underscores Azerbaijan’s adherence to procedural protocols and its earnest intent to expedite the commencement of collaborative endeavors outlined in the agreement.
The approval of this economic cooperation agreement marks a significant milestone in the bilateral relations between Azerbaijan and Albania, signifying a concerted effort to enhance economic ties and stimulate growth opportunities for both nations. It underscores Azerbaijan’s proactive approach towards fostering constructive partnerships on the global stage and its commitment to advancing economic prosperity through strategic collaborations.
With the endorsement of President Ilham Aliyev, Azerbaijan reaffirms its resolve to engage in mutually advantageous economic ventures and to contribute to the collective advancement of regional economic stability and prosperity.
