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ANKARA: France Ready To Help Azerbaijan-Armenia Reach Deal, Says Hol

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  • ANKARA: France Ready To Help Azerbaijan-Armenia Reach Deal, Says Hol

    FRANCE READY TO HELP AZERBAIJAN-ARMENIA REACH DEAL, SAYS HOLLANDE

    Daily Sabah, Turkey
    May 13 2014

    by Daily Sabah

    BAKU, Azerbaijan -- France has stepped up its political relationship
    with Azerbaijan after the presidents of the two countries met in a
    bilateral conference yesterday. French President Francois Hollande met
    with Azerbaijani President Ilham Aliyev in the Azeri capital of Baku
    yesterday where he pledged his support for the ex - Soviet country.

    Following their bilateral meeting, the two held a joint press
    conference where the French President pointed out the three main
    themes of the conference; the Azerbaijan-France business forum that is
    expected to bring 200 Azerbaijani and 90 French businessmen together,
    the creation of the French lyceum in Baku and the unresolved two
    decades long Nagorny-Karabakh conflict which threatens Azerbaijan's
    territorial integrity.

    While being the first stop in President Hollande's three day visit to
    the south Caucasus, Baku is of significance for French President where
    European and French companies are heavily involved in the Azerbaijan's
    several industrial sectors.

    As Azerbaijan is the leading state in the economic field in the region
    of Caucasus, France has given greater importance to Azerbaijan's energy
    sector. President Hollande is accompanied with a large delegation
    of businessmen to the business forum held in May 12. "Our goal is
    to support the development of Azerbaijani economy, in particular the
    energy sector.

    France is also ready to support Azerbaijan's development in other
    areas," said the French president according to Azernews. Azerbaijan's
    Economy and Industry Minister Shahin Mustafayev gave a speech at
    the opening of the business forum by stating that the cooperation in
    the investment sphere between the two countries would be expected to
    develop significantly. "The corresponding agreement will be signed
    today.

    Aside from that, nearly dozens of commercial agreements on Azerbaijani
    and French entrepreneurs' joint projects, worth billions of dollars,
    will be signed as part of this forum," said Mustafayev. According
    to the reports, France is the fifth largest foreign investor in
    Azerbaijan with the heavy investment close to $1 billion (TL 2.08
    billion) in the energy sector.

    Gas and oil groups such as TOTAL and GDF SUEZ are getting ready to
    take part in the exploration and development of the Absheron gas
    field. Apart from developing economic ties between two countries,
    President Hollande underscored the importance of Azerbaijan's
    territorial unity regarding the fruitless negotiations on resolving
    the Nagorny-Karabakh conflict. "The situation remains tense, and there
    have been tens of thousands of deaths, and recently there have been
    some incidents as well. So, France will do everything it possibly can
    in its capacity as co-chair of the Minsk Group to assist Azerbaijan and
    Armenia to find a peaceful solution," the French president stressed.

    Supporting Azerbaijan's national unity is believed to be of the
    utmost importance for France and the European Union amid Ukraine
    crisis. The French president's visit is seen as an important step for
    the EU to boost the existing relations with the ex- Soviet countries
    that have been in the sphere of Russian influence. President Hollande
    continues his official trip with the next stop, Armenia where 500,000
    French of Armenian origin form a political constituency. The talks
    over the Nagorny-Karabakh conflict are expected to continue with
    Armenian leaders.

    http://www.dailysabah.com/asia/2014/05/13/france-ready-to-help-azerbaijanarmenia-reach-deal-says-hollande

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