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Dimitar Tsotsorkov Signed a Memorandum of Understanding with the Oil Company

Dimitar Tsotsorkov, Executive Director of Asarel-Investment EAD and Chairperson of the Supervisory Board of Asarel-Medet JSC, signed a Memorandum of Understanding with SOCAR,  the State Oil Company of Republic of Azerbaijan. The Agreement was signed on May 8 with the Minister of Economy, Mikayil Jabbarov, at an official visit to the Zagulba residence in Baku. The Memorandum came into being in the presence of the two heads of state as previously Presidents Rumen Radev and Ilham Aliyev signed a Declaration of Strategic Partnership between Republic of Bulgaria and Republic of Azerbaijan. The Bulgarian head of state is on an official visit to Azerbaijan in response the invitation of his colleague and Dimitar Tsotsorkov is part of in this delegation as a business representative. A Memorandum of Understanding was also signed between the Ministry of Innovation and Growth of Bulgaria and the Ministry of Digital Development and Transport of Azerbaijan which will cooperate in the technological innovation area. The Joint Operation Agreement between the national carrier Bulgaria Air and the Azerbaijan National Airlines became part of the documents package of bilateral interest which aims to intensify and strengthen the joint operation between the two countries.

 

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