Middle East Economic Survey

VOL. LIV

No 4

24-Jan-2011

CASPIAN

Barroso Seals EU-Azerbaijan Agreement on Southern Corridor Strategy

European Commission President Jose Manuel Barroso and Azerbaijans President Ilham Aliyev signed an agreement in Baku on 13 January that ties Azerbaijan into the fulfillment of the Southern Gas Corridor strategy to reduce EU reliance on Russian gas imports. The agreement reaffirms the fundamental components of an agreement between Turkey and Azerbaijan last June,...