Baku, Azerbaijan, 4 March 2024 – In an impressive display of international cooperation, over 50 German business leaders embarked on a visit to Silk Way West Airlines at Heydar Aliyev International Airport for an event organised by the German Eastern Business Association alongside the German-Azerbaijan Chamber of Commerce. This significant gathering underscored the robust economic partnership between Germany and Azerbaijan, highlighting the mutual commitment to expanding trade and fostering economic growth.
Silk Way West Airlines, the premier cargo airline across the Caspian and Central Asian regions, plays a significant role in bolstering the German export sector. Operating air freight services from Frankfurt-Hahn, the airline efficiently connects German exporters to key Asia-Pacific markets, including India, Singapore, and Japan, among others, through its strategic Baku hub. This connectivity not only enhances trade facilitation but also underpins the dynamic economic relations between the two nations.
Germany, standing as the fourth-largest trading partner of Azerbaijan, contributed 4.6 percent of Azerbaijan's total trade volume as of 2022. Bilateral engagements extend beyond commerce, however, and encompass environmental sustainability, climate protection initiatives, and cultural exchanges, reinforcing Azerbaijan’s status as Germany's foremost partner in the Caucasus.
The visit also served as a platform for the German delegation to engage in discussions with Azerbaijani government officials, further emphasizing the strategic importance of German-Azerbaijani trade relations.
Wolfgang Meier, the CEO and President of Silk Way West Airlines, highlighted the burgeoning potential for increased freight flows between Europe and Asia, accentuated by the exponential growth of e-commerce. Meier's insights during the delegation's visit showcased the airline's ambitious plans and its role in enhancing trade connectivity between Germany and Azerbaijan. He noted: “We extend our heartfelt gratitude to the German delegation for their visit, which underscores the profound interest in enhancing trade relations between Germany and Azerbaijan. Recognizing the significance of firsthand knowledge of our markets, we highly value the opportunity to strengthen our ties through direct engagement. We are pleased to have offered our guests a comprehensive insight into the extensive capabilities of Silk Way West Airlines. Looking forward, we are optimistic about reaching an agreement to increase our flights, a move that promises to contribute significantly to the economic prosperity of both nations."
The discussions included an overview of Silk Way West Airlines' planned development strategies and investment opportunities, attracting keen interest from the German business community.
Tobias Baumann, the Managing Director of the German-Azerbaijan Chamber of Commerce, reflected on Azerbaijan’s emerging significance as an energy powerhouse and a reliable transit hub linking European and Asian markets, stating: "The growing prominence of Azerbaijan as a crucial energy source and a key logistical nexus for both European and Asian markets undeniably amplifies the strategic role of Silk Way West Airlines as an essential transportation provider. As the airline's significance in facilitating seamless connections continues to ascend, we are eager to see Silk Way West Airlines emerge as a leading force in catering to increasing supply chain demands. This development would not only align with commercial objectives but would also play a crucial role in enhancing the bilateral ties between our nations, fostering an ever-deeper economic and strategic partnership."
This landmark visit not only reflects the deep-rooted economic ties between Germany and Azerbaijan, but also paves the way for future collaboration, promising to further strengthen relations between the two countries.
Source, Media Relations
