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 Azerbaijan |  Libya |
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Bilateral relations exist between the Republic of Azerbaijan and the State of Libya in diplomatic, socio-economic, cultural and other spheres.
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Azerbaijan | Libya |
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Bilateral relations exist between the Republic of Azerbaijan and the State of Libya in diplomatic, socio-economic, cultural and other spheres.
On December 30, 1991, the government of Libya recognized the independence of the Republic of Azerbaijan. [1] Diplomatic relations between Azerbaijan and Libya were established on March 16, 1992. [1] The Embassy of Libya in Baku has been functioning since April 1995. [1] A joint Azerbaijan-Libya working group on inter-parliamentary relations has been functioning in the National Assembly of Azerbaijan (Milli Majlis) since November 19, 2008. [1] [2] In March 2010, the second session of the joint Azerbaijani-Libyan Commission was held in the capital city of Tripoli, during which agreements such as a memorandum on the exemption of persons holding a diplomatic passport from the visa regime [3] was concluded.
According to statistics from the United Nations trade office (COMTRADE), in 2010 Azerbaijan's export of drilling and milling machines to Libya amounted to 900 US dollars.
On March 8, 2010, the Libya-Azerbaijan business forum was held in Tripoli with the financial support of the Ministry of economic development of Libya, the Azerbaijan Export and Investment Promotion Fund (AzPromo), as well as the Chamber of Commerce, industry and agriculture of Libya. [4]
In May 2012, the leadership of the State oil company of Azerbaijan (SOCAR) decided to start construction of an oil refinery and create a network of automobile filling stations on the territory of Libya. [5]
In the spring of 2013, the two governments reached an agreement to start joint oil and gas production. It is planned to implement a number of projects with the participation of both public and private companies. [6]
According to 2013 statistics, the volume of Azerbaijan's foreign trade turnover with Libya was 167.14 million US dollars, while the volume of exports was 166.27 million us dollars, and the volume of imports was 0.87 million US dollars. The trade surplus was 165.40 million US dollars. The share of Libya was 0.48%, including 0.01% for imports and 0.69% for exports. [7]
In 2013, foreign trade turnover with Libya increased by 17.33%, including exports-16.72 times compared to 2012. [7]
The heads of Azerbaijani companies are investing in the energy sector of Libya. [6]
Trade turnover (in millions of US dollars) [1]
| Years | Trade turnover | Export | Import |
| 2014 | 26.67 | 25.76 | 0.91 |
| 2015 | - | - | - |
| 2016 | - | - | - |
| 2017 | 0,1 | 0,1 | 0,0 |
| 2018 | - | - | - |
The basis of exports from Azerbaijan to Libya is gasoline (diesel fuel), etc. [1]
The basis of exports from Libya to Azerbaijan are plastic pipes and hoses, plastic fittings, vinyl polymers of primary form, etc. [1]
Cooperation in the international arena is carried out within the framework of various international organizations: Non-Aligned Movement, [8] the UN, Organisation of Islamic Cooperation, etc. [1]
In March 2013, as part of the "fight against avoidable blindness" campaign, the Azerbaijan International Development Agency (AIDA), the Ministry of foreign affairs of Azerbaijan and the Islamic Development Bank (IDB) sent humanitarian aid to the Libyan city of Ubara. [9]
Bilateral relations exist between the Republic of Azerbaijan and the Republic of Bulgaria in political, socio-economic, cultural and other spheres. Cooperation is carried out in such areas as transport and transit of goods, tourism, pharmaceuticals, agriculture, science and high technologies, education, military equipment, etc.
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Bilateral relations exist between the Republic of Azerbaijan and the Republic of South Africa in the political, socio-economic, cultural and other spheres.
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