Azerbaijan President speaks about the diversification of the economy

Azerbaijan’s energy cooperation is based on national interests, said Azerbaijan’s President Ilham Aliyev. The president made the remarks at the opening ceremony of the 5th News Agencies World Congress and the 16th General Assembly of the Organization of Asia-Pacific News Agencies (OANA) in Baku Nov. 16. President Aliyev noted that the diversification of Azerbaijan’s economy continues, and it does not depend on a single source. Stressing the importance of Azerbaijan’s geographical location, the President said there is a need to create an appropriate infrastructure. President Aliyev said he believes the North–South and East–West Corridor will expand the export and transit potential of Azerbaijan.