"The Azerbaijani economy sits on a strong and fundamental bedrock. The Contract of the Century, signed on the initiative of National Leader Heydar Aliyev, has entered into the history as a model of exemplary collaboration of global scale by laying down strong foundations to develop large transnational projects and logistical hubs running from Asia to Europe in subsequent years," President of the Republic of Azerbaijan, Ilham Aliyev, said in his address to the participants of the First Azerbaijan International Investment Forum, APA reports.
"As the territorial integrity of our country was secured, Azerbaijan’s efforts helped to put the basis for lasting peace, stability and sustainable development in the region. For the time being, Azerbaijan relies already on the economic diplomacy in its foreign policy to build new cooperative ties, and further expand non-oil sectors, and the national tourism potential in particular," the head of state noted.
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