"As a country rich in natural resources, Azerbaijan has tried, first of all, to channel the revenues from natural resources into the development of human capital because we must look to the future," President of the Republic of Azerbaijan Ilham Aliyev said at the inauguration of the first campus of the Italy-Azerbaijan University in Baku, APA reports.
"Let me reiterate that oil, gas and natural resources do not mean that these countries will have long-term sustainable development. This development can be short-term. Long-term sustainable development is built on a foundation of knowledge, technology and education. Therefore, we in Azerbaijan have been paying great attention to this area and have been implementing many important programs for many years," the Azerbaijani President noted.
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