Baku, Azerbaijan, Mar. 14
By Azad Hasanli – Trend:
Azerbaijan invites Ukrainian entrepreneurs to invest in its industrial and agricultural parks, said Economy Minister Shahin Mustafayev.
The minister made the remarks at a meeting with the Ukrainian Prime Minister Volodymyr Groysman in Kiev March 13.
Mustafayev said Azerbaijan and Ukraine can expand cooperation in trade, machine industry, chemical and food industry, metallurgy, pharmacy, production of building materials and processing of agricultural products, said a message from Azerbaijan’s Economy Ministry.
The minister also noted the possibility of expanding ties in transit.
Groysman, in turn, said Ukraine attaches great importance to cooperation with Azerbaijan and is interested in the development of ties.
Also, an Azerbaijan-Ukraine business forum was held on March 13 with the organizational support of the Embassy of Azerbaijan in Ukraine, Azerbaijan Export and Investments Promotion Foundation (AZPROMO) and the Ukrainian Chamber of Commerce and Industry.
During the business forum, Shahin Mustafayev said 116 companies with Ukrainian share currently operate in Azerbaijan.
Azerbaijan and Ukraine signed nearly 130 documents, including a joint declaration on strategic partnership, according to the minister. Mustafayev added that the two countries have great potential for cooperation in agriculture, industry and trade.
At the end of the business forum, AZPROMO and the National Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan signed memorandums of cooperation with the Ukrainian Chamber of Commerce and Industry.
Trade turnover between Azerbaijan and Ukraine amounted to $334.18 million in 2016, according to Azerbaijan’s State Customs Committee.
