The fourth meeting of the Azerbaijani-Italian intergovernmental commission that will be open for the participation of the two countries’ business, will be held June 13 in Rome, Italy’s Ambassador to Azerbaijan Giampaolo Cutillo told on June 1.

“The meeting, which will be open for participation of the two countries’ companies, will be a good opportunity to discuss the cooperation and an indicator of the importance of relations between the two countries, particularly in the economic sphere,” said the ambassador.

Meanwhile, Director General of the Italian Chamber of Commerce in Azerbaijan Luigi D’Aprea told on June 1 that Italy expects an increase in the number of joint projects with Azerbaijan in the oil and gas sphere.

“We have great expectations and we are always ready for cooperation with Azerbaijan,” noted D’Aprea.

The Azerbaijani side is represented in the intergovernmental commission by the country’s Energy Minister Natig Aliyev.

Italy ranked the 1st in the list of Azerbaijan’s foreign trade partners in the first quarter of 2016. The trade turnover between Italy and Azerbaijan exceeded $462 million in the reporting period.