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Poland considers making investments in agrarian, food sectors of Azerbaijan

Business Materials 22 May 2015 12:08 (UTC +04:00)
Janusz Pehochinsky, Polish Deputy Prime Minister and Economy Minister, will visit Azerbaijan to participate in the 22nd international Caspian Oil and Gas Exhibition and Conference, the Polish embassy in Baku told Trend.
Poland considers making investments in agrarian, food sectors of Azerbaijan

Baku, Azerbaijan, May 22

By Seba Aghayeva - Trend:

Janusz Pehochinsky, Polish Deputy Prime Minister and Economy Minister, will visit Azerbaijan to participate in the 22nd international Caspian Oil and Gas Exhibition and Conference, the Polish embassy in Baku told Trend.

During the visit, Pehochinsky intends to hold several meetings in the government of Azerbaijan and to discuss the prospects for further cooperation between the two countries in the economic sphere.

The embassy said that the Polish government considers making investments in Azerbaijan and the perspective areas are the agrarian sector, food production.

Special attention will be paid to these issues during the negotiations with the Azerbaijani side, the embassy said, adding that Poland also considers the participation in the projects related to the transport infrastructure of Azerbaijan as a perspective area for cooperation.

According to the Azerbaijani State Statistics Committee, as of 2014, the trade turnover between the two countries amounted to $78.678 million. According to the Polish statistics, the index hit $140 million as of 2014.

The biggest event of the energy sector in the Caspian region - the 22nd international Caspian Oil and Gas Exhibition and Conference will be held in the Baku Expo Center on June 2-5.

Over 250 companies will attend the exhibition.

The Caspian Oil and Gas international conference will traditionally be an important component of the business program. The conference will be held in JW Marriott Absheron Baku hotel on June 3-4, 2015.

Over 500 delegates from more than 30 countries will attend the annual conference. More than 50 representatives of the state organizations, leading experts in the oil and gas industry, heads of major oil and gas companies from different world countries are expected to deliver speeches in 2015.

ITE Group PLC and its partner - Iteca Caspian LLC are the organizers of the exhibition and conference.

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