Azerbaijani President: “We do not expect any kind of substantial financial asistance”

Azerbaijani President: “We do not expect any kind of substantial financial asistance”
# 13 February 2016 20:42 (UTC +04:00)

Baku-APA. "Armenia realizes illegal activities on our occupied territories which are completely beyond any international control", the President of the Republic of Azerbaijan Ilham Aliyev said during the discussions on the theme “Climate and Energy Security” in the framework of Munich Security Conference, APA reports.

“And nature is suffering from it”.

According to the Head of State Azerbaijan suffer from aggression and occupation for more than twenty years, almost 20 percent of territory is under occupation: “And apart from suffering to the people, our nature is suffering. Armenia realizes illegal activities on our occupied territories which are completely beyond any international control, particularly de- forrestification. Because that part is famous for its ancient trees, forests that they have been cat for commercial purposes”.


The President said that the main threat for Azerbaijan is that main rivers which supply water to country come from neighboring countries: “And there is very severe pollution particularly in Armenia, of Araz River, which is a threat for all of us. Despite all our appeals to stop polluting the river, unfortunately Armenia continues this policy. Of course we would like to have more understanding with the country which continues occupation and I can tell you that very recently in January Parliamentary Assembly of Council of Europe adopted resolution denouncing Armenia for creating problems with the water supply to the neighboring regions. And this resolution which was adopted by majority of the Parliamentary Assembly appealed Armenia to stop actually touchering people who suffer. Because the water storage which situated in Nagorno Karabakh, which was built during the times Nagorno Karabakh was a part of Azerbaijan de-facto. Unfortunately using for purposes of creating problems to civilian population and of course Kur and Araz rivers’ water supply critical. Though, we built pipelines which bringing water from our mountains to Baku city, and we now less dependent on neighborhood. But still for us it is a serious problem”.

“Recently post-oil period of Azerbaijan already started”

“Of course fall in oil prices will influence our income, but, at the same time, it will make us more committed to reforms. I think that the future development of Azerbaijan will not depend on falling of oil prices or the volume of production”, said the President.

Ilham Aliyev emphasized that Southern Gas Corridor project will generate tens of thousand of new jobs, as well as will allow Europe to divercify, and Europe will get additional volumes of natural gas.

"We do not expect any substantial financial aid"

The President noted that Azerbaijan’s policy is to spend less than ear.

According to him, the biggest investment projects, including energy projects being implemented by Azerbaijan’s and partners’ own resources: “So we do not expect any substantial financial aid. During this period, Azerbaijan gained significant financial resources, and also the sharp decline in oil prices will not affect our economy. Last year we had 1 percent growth in GDP and more than 8 precent growth in non-oil industry. That was mainly due to the policy of diversification and investment in the non-oil sector”

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