For cooperation of Azerbaijan with other countries establishing of the appropriate legal base, first, is required, the Minister of Economic Development, Farhad Aliyev told journalists, Trend reports.
According to him, during his recent tour to Turkey for participation in the II sitting of Trade Ministers of the Economic Cooperation Organization, a number of various agreements have been signed. "
Among these agreements we signed a document on encouragement of foreign investments and their mutual protection.
As you know, there is a low life standard in some member states of the organization, however, they possess large natural resources and they have a direct access to seas.
The goal of the Istanbul’s meeting was to discuss trade relations expansion, development of the economy with the involvement of new technologies, production of competitive goods, arranging due informational exchange and so on”, the Minister noted.
The event took place on July 7.