The social and economic relations between the Republic of Moldova and Azerbaijan have a much greater potential than the explored one. The existing volume of mutual trade does not fully reflect the capacity for cooperation between these states. During a meeting held in the margins of the EaP Investment Summit, organized by the EBRD in London, Moldovan Prime Minister Ion Chicu told his Azerbaijan counterpart, Ali Asadov, that it was necessary to develop some ideas to improve future bilateral trade and economic relations.

In a Government press release, quoted by IPN, it is said that the two officials discussed the development of economic relations, the organization of business forums, but also the prospects of intensifying cooperation in the energy sector. Further, Ion Chicu reiterated the interest of the Republic of Moldova in promoting the political dialogue between the two states at different levels.

Ion Chicu thanked the leadership of Azerbaijan for financing the construction of the cultural-educational Center in Ceadâr-Lunga. At the end of the meeting, the prime minister invited Ali Asadov to visit the Republic of Moldova, along with businessmen from Azerbaijan interested in cooperating with the Republic of Moldova.

In the first half of 2019, the volume of bilateral trade amounted to $ 3.2 million, and the value of exports of Moldovan products accounted for $ 2.8 million, the source said.