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By Trend

Albania and Azerbaijan are linked by traditional and historical ties, and economic cooperation between the two countries has increased several times in recent years, Albanian President Bujar Nishani told Trend on the sidelines of the 5th Global Baku Forum.

“Currently, our attention is focused on such important economic issues as the implementation of the Southern Gas Corridor (SGC) project,” the Albanian president said.

Nishani said the Southern Gas Corridor is a central project not only for the states through the territory of which this pipeline passes, but also for other European countries, being an excellent way to diversify supplies of energy resources.

“Therefore, the Southern Gas Corridor project is extremely important for the energy security of Europe,” the Albanian president said.

Nishani also welcomed coming of new Azerbaijani companies to Albania.

“We invite Azerbaijani companies to Albania, so that they can get acquainted with the situation not only in the energy sector, but also in other sectors of economy,” he said.

The 5th Global Baku Forum “The Future of International Relations: Power and Interests” kicked off Mar. 16.

Latvian President Raimonds Vejonis, Macedonian President Gjorge Ivanov, Albanian President Bujar Nishani, Montenegrin President Filip Vujanovic, Georgian President Giorgi Margvelashvili, Saudi Arabian Prince, Chairman of the Board of Directors of King Faisal Centre for Research and Islamic Studies Turki Al-Faisal are among those attending the forum.

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