Nepal – Azerbaijan Relations


Nepal and the Republic of Azerbaijan established diplomatic relations on 28 February 1995. The relations between the two countries are based on mutual trust, friendship and goodwill and have remained cordial and friendly since then. Nepali Ambassador to the Russian Federation in Moscow is concurrently accredited to Azerbaijan. Similarly, Ambassador of Azerbaijan to India in New Delhi is concurrently accredited to Nepal.

Nepal and Azerbaijan are working closely at bilateral, regional and multilateral levels towards further strengthening the friendly relations for the mutual benefits of the two countries and the peoples.

Azerbaijan had sent humanitarian aid in the aftermath of the earthquakes in 2015. It also provides some scholarships to Nepali students.

Prime Minister Rt. Hon. Mr. K P Sharma Oli visited Azerbaijan to participate at the 18th Summit of Head of State and Government of the Non-Aligned Movement (NAM) held on 25-26 October 2019 in Baku.

Honourable Mr. Pradeep Kumar Gyawali, Minister for Foreign Affairs of Nepal, led the Nepali delegation to the 18th Mid-Term Ministerial Conference of the Non-Aligned Movement (NAM) on 5 April 2018 in Baku.


Trade/Investment
The size of interactions on trade, investment and tourism between Nepal and Azerbaijan is nominal at the moment. Some of the commodities imported by Nepal from Azerbaijan are plastics, electric machinery and equipment. Nepal exports carpets and other textiles floor coverings, clothing accessories, work of art, etc. Trade volume between Nepal and Azerbaijan for the last few years is shown in the table below:

(Value in US dollars)

Year Export Import Balance
2015 1199 128436 1199
2016 228 27 201
2017 1762 0 1762
2018 16675 0 16675
2019 0 0 0

(Source: TEPC)

According to the statistics of the Department of Industry, there were 5 companies of Azerbaijan until July 2020, which brought in investments of 46 million Rupees, supporting creation of 208 jobs.

 

August 2020