If Contract of the Century had not been signed, we would not have had any revenues: Azerbaijani President

Khoshbakht Yusifzade, Azerbaijani Academician and Ilham Aliyev, President of Azerbaijan

© APA | Khoshbakht Yusifzade, Azerbaijani Academician and Ilham Aliyev, President of Azerbaijan

# 07 December 2022 15:33 (UTC +04:00)

"You may also remember how important it was to have this Deep Water Jackets Factory here when we started working on the Contract of the Century," said President Ilham Aliyev at the ceremony to launch the “Academician Khoshbakht Yusifzade” tanker built at Baku Shipyard by order of the “Azerbaijan Caspian Shipping” Closed Joint-Stock Company, APA reports.

"Because if it hadn’t been for this factory, the execution of all our contracts could have delayed by 5-10 years perhaps. So he did it at the right time, and during the years of independence, as people implementing Heydar Aliyev's oil strategy, we worked together with you and other associates on the Contract of the Century. We always remember those days. The foundation of today's developing and strengthening Azerbaijan was laid back then. If that contract had not been signed, we would not have had any revenues. Where there are no revenues, there can be no talk of any development," sai Azerbaijani President.

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