Azerbaijan–Brazil relations

Azerbaijan-Brazil relations

Azerbaijan
Brazil

Azerbaijan–Brazil relations refers to the bilateral relations between Azerbaijan and Brazil.

History

In December 1991, Brazil recognized the independence of Azerbaijan after the Dissolution of the Soviet Union. In October 1993, both nations established diplomatic relations.[1] In 1995, during the 50th United Nations General Assembly in New York City, Brazilian President Fernando Henrique Cardoso met then Azeri President Haydar Aliyev. In 1997, the chairman of the Supreme Council of Azerbaijan, Rasul Guliyev, visited Brazil to negotiate the purchase of agricultural machinery, sugar and chicken; the formation of joint-ventures in the oil sector of the Caspian; the participation in the financing of projects in Azerbaijan and the presence of Brazilian companies in the country.[1]

High level visits

In April 2006, Azeri Foreign Minister Elmar Mammadyarov paid a visit to Brazil (and again in 2013). In May 2009, Brazil opened a resident embassy in Baku. In 2012, Azerbaijan opened a resident embassy in Brasília.[1] In 2013, Foreign Minister Elmar Mammadyarov paid a second visit to Brazil. In November 2017, Brazilian Foreign Minister Aloysio Nunes paid a visit to Azerbaijan.[2]

Agreements

In 2016, both nations signed a Memorandum of Understanding on cooperation in trade and investment areas.[3]

Trade

In 2017, trade between Azerbaijan and Brazil totaled $160 million USD.[4] Azerbaijan's main exports to Brazil include: industrial fatty acids, oils and alcohols. Brazil's main exports to Azerbaijan include: meat, tobacco and machinery.[5] In 2013, Azerbaijan Airlines (AZAL) ordered four E-190 aircraft from Embraer and two E-170 aircraft from ECC Leasing (an Embraer subsidiary). The transaction reached a value of $230 million USD.[1]

Resident diplomatic missions

See also

References

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