A session, titled "Future of Eurasia" was held in Davos.
President Ilham Aliyev attended the session.
The 42nd World Economic Forum in Davos, Switzerland, has discussed the expansion of business partnerships to address the political and economic issues of our time, including the major problems caused by global development.
The forum has been attended by over 2500 delegates from over 100 countries, including heads of state and government, representatives of well-known companies, economists, scientists, experts, heads of international organizations and the media.
The theme of “Defining the Imperatives for 2012” of the Informal Gathering of the World Economic Leaders was discussed at a panel held during lunch.
President of Azerbaijan Ilham Aliyev addressed the meeting.
The head of state spoke about the development path our country has covered and the history of statehood based on democratic traditions, and said that the first democratic republic of the East was established in Azerbaijan in 1918.
Stressing that our country regained its independence in the late 20th century, President Ilham Aliyev touched upon the work carried out in Azerbaijan over the 20 years in state building and democracy, political and economic spheres, political stability, etc. The President of Azerbaijan indicated that the country had taken important steps in recent years to ensure political stability and democratic development.
Stressing that Azerbaijan has ample energy resources, the President said that the country was actively involved in ensuring the energy security of Europe and had made great strides in this area. He also said that due to its favorable geopolitical location, our country was making an important contribution to regional cooperation.
President Ilham Aliyev pointed to the steady growth of Azerbaijan’s international authority and said that the country was paying significant attention to the development of the non-oil sector.
The President spoke about the country's work in the areas of industrialization and development of the ICT and other sectors. President Aliyev said that despite the global financial recession, a lot has been done in Azerbaijan to ensure dynamic development and economic diversification.
President Ilham Aliyev emphasized the attention being paid to the development of education at state level in Azerbaijan.
Noting that Azerbaijan was facing important tasks associated with the development of all the spheres, the President expressed confidence that our country would continue its efforts in this direction and achieve further successes.
Also addressing the meeting were President of Ukraine Viktor Yanukovych and President of the Russian VTB Bank Andrey Kostin.
Then the meeting participants answered questions.
