Slovakia hopes to sign investment protection deal with Azerbaijan soon

Marek Eštok, State Secretary at Slovakia's Ministry of Foreign and European Affairs, has expressed hope that an agreement with Azerbaijan on the promotion and protection of investments will be signed soon, Report informs.

In a post on X, Eštok said he held political consultations with Azerbaijani Deputy Foreign Minister Fariz Rzayev during his visit to Baku.

According to him, the parties discussed bilateral relations, the development of the strategic partnership between Slovakia and Azerbaijan established in 2024, as well as regional issues.

He noted the successful expansion of Slovak business presence in the Azerbaijani market and the existence of new promising cooperation projects.

He said he was proud of the successful presence of Slovak businesses in the Azerbaijani market and further promising projects, adding that he hoped for the swift signing of the Agreement between Slovakia and Azerbaijan on the Promotion and Protection of Investments, which is currently under consideration by the European Commission.

The diplomat added that stronger cooperation between Slovakia and Azerbaijan is producing tangible results for both sides.

Eštok also expressed hope that political consultations would continue in Bratislava next year.