India and Azerbaijan are interested in the opening of direct flights and the opening of these flights will improve the connectivity and flow of tourists. These remarks were made by Indian Ambassador to Azerbaijan Sanjay Rana at the press conference dedicated to the “Best of India” exhibition. The Ambassador said that India shows great interest in cooperation with Azerbaijan.
“It will also help the businessmen visiting each other. So, we are working on establishing direct flights. There are talks going on. I must say that these talks are still in pipeline. And there are a lot of arrangements that need to be made before we can have direct flights between two countries,” Sanjay Rana said.
Sanjay Rana also touched upon the cooperation of the two countries in the pharmaceuticals field. According to him, India is a very good producer of pharmaceutical goods and has an excellent reputation in this regard. “We are a major supplier of high quality pharmaceutical goods to Europe, America and many other countries of the world,” he said. Sanjay Rana underlined that India is active in the Azerbaijani market in terms of its cooperation in the pharmaceuticals sector.
“We are active in the Azerbaijani market and we want to supply more medicine, more pharmaceutical products here, because our products are of high quality and are reasonably priced. A number of Indian companies are exploring opportunities for joint ventures here. There are also other companies, which are exploring the possibility,” Sanjay Rana said.
Speaking at the press conference, members of the PHD Chamber of Commerce and Industry of India stressed that the increase in bilateral trade coincided with the opening of the Baku-Tbilisi-Ceyhan oil pipeline, from where Indian oil companies have been buying substantial quantities of crude oil.
Notably, the “Best of India” exclusive Indian Product trade show and exhibition will last from March 13 to 16.
India and Azerbaijan enjoy close friendly relations based on historical links and growing bilateral cooperation. India’s ONGC-Videsh is an investor in the oil and gas sector of Azerbaijan and a partner in the revised Contract of the Century for the development of Azeri-Ghirag-Gunashli fields signed in September 2017.
In 2017, India’s export to Azerbaijan grew by more than 60 percent and total bilateral trade between India and Azerbaijan reached around USD 462 million. India and Azerbaijan have growing cooperation in capacity building under the Indian Technical and Economic Cooperation Program, which provides fully paid trainings for Azerbaijani professionals and students in Indian institutions.