Azerbaijan-UK Cooperation Reaches Strategic Milestone, Says Trade Attaché:

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Azerbaijan-UK Cooperation Reaches Strategic Milestone, Says Trade Attaché:

Elvin Raziyev, Trade Attaché for Infrastructure and Third-Country Cooperation at the British Embassy in Baku, stated in a statement to Report that cooperation between Azerbaijan and the United Kingdom is advancing to a strategic level.

According to Rzayev, an agreement had been reached to elevate bilateral ties to a strategic level, with discussions held at the level of state leaders, The Caspian Post reports, citing local media.

"Several major infrastructure projects are currently under discussion. Once a joint decision is made, an official statement will be issued to the public," he noted. "Water infrastructure is among the possible priority areas. Outdated infrastructure is considered one of the main causes of water losses, and modernization projects in this field are being reviewed."

Raziyev also said that the £5 billion financial package allocated by UK Export Finance covers all infrastructure sectors and is not earmarked for any specific field.

According to him, funding will be directed based on identified priorities. "If the water sector is declared a priority, a significant portion - or even the entirety - of the financing could be allocated to this area. The distribution will be determined in line with priorities. At this stage, the funds are considered a general infrastructure package," he added.

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Azerbaijan-UK Cooperation Reaches Strategic Milestone, Says Trade Attaché:

Elvin Raziyev, Trade Attaché for Infrastructure and Third-Country Cooperation at the British Embassy in Baku, stated in a statement to Report that cooperation between Azerbaijan and the United Kingdom is advancing to a strategic level.