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President of the Republic of Azerbaijan Ilham Aliyev has received a delegation led by Executive Vice President and Chief Executive Officer of the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group Keiko Honda.
Keiko Honda extended greetings of President of the World Bank Jim Yong Kim to President Ilham Aliyev. She hailed the World Bank's successful cooperation with Azerbaijan, saying the organization closely follows the economic reforms carried out in the country and higly appreciates the works done here.
Keiko Honda congratulated President Ilham Aliyev on what the country has done to cope with the economic difficulties and to achieve stability and development in the country. She emphasized the importance of Azerbaijan's achievements in economic development and in diversification of economy.
President Ilham Aliyev thanked Keiko Honda for the warm words, and praised the World Bank's continued support for economic reforms carried out in Azerbaijan. The President noted the importance of the funds allocated to Azerbaijan by the organization.
The head of state hailed the fact that this year marks the 25th anniversary of Azerbaijan's bilateral cooperation with the World Bank Group, underlining the significance of Multilateral Investment Guarantee Agency's support for a number of vital investment projects implemented by foreign investors in Azerbaijan over the past years, including the globally important gas pipeline project Southern Gas Corridor. President Ilham Aliyev noted that the Southern Gas Corridor project is of crucial importance not only to Azerbaijan but also to a region covering a vast geography, including Europe. Describing Azerbaijan as a financially capable reliable partner and as a country which has always fulfilled its commitments, the head of state noted that the works on the TANAP project are being successfully implemented on schedule, and will be completed on time.
President Ilham Aliyev said that this year the Azerbaijani economy entered a period of stabilization. "If we do not take into account the oil factor in our economy, we can see that non-oil sector grew by 2.5 percent, while non-oil industry increased by more than 3 per cent, and the agrarian sector by more than 4 per cent. Despite the fact that the drop in the oil prices negatively affected the gross domestic product (GDP), the non-oil sector accounted for 70 per cent of the GDP." The head of state noted that the launch of the Southern Gas Corridor in the years to come, extension of the term of the Contract of the Century, additional investments and successful implementation of global transport projects give grounds to look optimistic about the prospects of the Azerbaijani economy.
They exchanged views on prospects for Azerbaijan-MIGA bilateral cooperation.
President Ilham Aliyev thanked for the greetings of Jim Yong Kim and asked the Executive Vice President to extend his greetings to the President of the World Bank.
On April 2, an official welcome ceremony was held for Frank-Walter Steinmeier, President of the Federal Republic of Germany.
A guard of honor was arranged for the German President in the square decorated with the national flags of both countries.
President of...
02 April 2025, 10:05His Excellency Mr. Ilham Aliyev, President of the Republic of Azerbaijan
Dear Ilham Heydar oglu,
I sincerely congratulate you and the fraternal people of Azerbaijan on the great holiday of the Islamic Ummah – Eid al-Fitr.
May the unity of our peoples grow, and our...
01 April 2025, 20:07His Excellency Mr. Ilham Aliyev, President of the Republic of Azerbaijan
Excellency Mr. President,
I have the honor to extend to Your Excellency, in my own personal name, and on behalf of the General Secretariat of the Organization of Islamic Cooperation (OIC) and...
01 April 2025, 18:20His Excellency Mr. Ilham Aliyev, President of the Republic of Azerbaijan
Mr. President, Dear Brother.
On the occasion of the holy month of Ramadan, it is with great pleasure that I send you my best greetings, filled with friendship and brotherhood.
May Allah, the...
01 April 2025, 18:18His Excellency Mr. Ilham Aliyev, President of the Republic of Azerbaijan
Excellency,
On the auspicious occasion of the holy month of Ramadan 1446H, the Government and the people of the Maldives join me in extending our warmest felicitations to Your Excellency, the...
01 April 2025, 18:16His Excellency Mr. Ilham Aliyev, President of the Republic of Azerbaijan
Dear Ilham Heydar oglu,
I extend to you and, through you, to the entire fraternal people of the Republic of Azerbaijan, my heartfelt congratulations and best wishes on the occasion of the...
01 April 2025, 17:44His Excellency Mr. Ilham Aliyev, President of the Republic of Azerbaijan Dear Mr. President.
I am very pleased to extend my sincere congratulations and best wishes to you on the occasion of Novruz, a centuries-old holiday celebrated annually by Turkic peoples,...
01 April 2025, 13:17His Excellency Mr. Ilham Aliyev, President of the Republic of Azerbaijan
Excellency,
On the auspicious occasion of Novruz, a festival of renewal and hope, I wish Your Excellency, the government, and the people of the Republic of Azerbaijan a season filled with new...
01 April 2025, 13:15His Excellency Mr. Ilham Aliyev, President of the Republic of Azerbaijan
Dear Ilham Heydarovich,
Please accept my sincerest congratulations and best wishes on the occasion of the International Novruz holiday.
This ancient holiday, which embodies the unity of...
01 April 2025, 13:13