"Of course, the energy sector is a part of our cooperation. The importance of this area has been on the increase lately. Azerbaijan's natural resources are already being exported in various directions, including the European continent and countries that are Serbia's neighbors," Azerbaijani President Ilham Aliyev said in a joint press statement with Serbian leader Aleksandar Vucic in Baku, APA reports.
"There are opportunities for cooperation in both natural gas and electricity. Relevant negotiations have been held. I am sure that tangible steps will be taken to export Azerbaijan's electricity to Serbia starting next year.
I should also inform you that a corresponding agreement was signed on the delivery of Azerbaijan's electricity to Europe four days ago. The cable that will be extended under the Black Sea will further highlight the fact that Azerbaijan is an important supplier for Europe in this field too. All this ushers ample opportunities and opens new horizons, and we will cooperate in this area, of course, in bilateral and multilateral formats," Azerbaijani President stated.
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