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China, Azerbaijan to further economic ties
(Xinhua)
Updated: 2005-03-19 09:55

China and Azerbaijan agreed to further explore trade and economic cooperation potential and China is in favor of Azerbaijan's entry to the World Trade Organization (WTO) at an earlier date, according to a joint statement issued in Beijing on Saturday.

The document says that the two countries will encourage their enterprises to expand cooperation in the fields such as oil and chemistry, light industry, machinery manufacturing, agriculture, transportation and telecommunication.

It notes that China supports Azerbaijan to join the WTO and Azerbaijan recognizes China's full-market-economy status.

The two countries will enhance cooperation in culture, education, science, tourism, sports, information, finance and environmental protection, it says.

The statement says both sides will maintain and develop exchanges and cooperation in military fields.

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