Our initiatives related to foreign policy are producing excellent results, Azerbaijani President

Baku, May 29 (AzerTAc). “Our initiatives related to foreign policy are producing excellent results. In foreign policy, we give preference to a bilateral format. In foreign policy, we give preference to bilateral format. I think this is the most appropriate format. Of course, there are other formats too. They are also used. But the bilateral format is a format that gives the greatest effect. We have good relations with all countries,” Azerbaijani President Ilham Aliyev said at the official reception on the occasion of the national holiday of Azerbaijan – the Republic Day. “We are committed to and will strive to develop bilateral relations with countries of the region and beyond. There are broad opportunities to do that, including our growing economic capacity and the new investment policy. We already invest in foreign countries. Thus, Azerbaijan is attractive to foreign partners not only as a political center but also as a source of investment. Of course, we should first of all further strengthen our relations with neighboring countries. Here our opinions coincide with those of all the neighboring countries, except for Armenia, of course. The relations with all our neighbors are based on the principles of equality, mutual respect and noninterference in each other's affairs. In the future, cooperation with neighboring countries will remain our foreign policy priority,” said the head of state. “Noting there are extensive opportunities both in the economic sphere and in the area of regional cooperation President Ilham Aliyev stressed that ‘we should receive the maximum benefit from the bilateral format,” he noted. “At the same time, Azerbaijan has initiated the establishment of several trilateral formats.” The President said: “Baku hosted the first trilateral meeting of the foreign ministers of Azerbaijan, Turkey and Turkmenistan yesterday. We attach great importance to this. In the previous period there were trilateral formats of Azerbaijan-Turkey-Georgia and Azerbaijan-Turkey-Iran. These formats are already in place and Azerbaijan holds a place in all three formats. Thus, these formats mean a lot for regional security, cooperation and for our political and economic interests. In the future, we will certainly continue these trilateral meetings. They have already become regular.”