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France interested in investors from Azerbaijan (UPDATE)

Economy Materials 4 November 2016 16:32 (UTC +04:00)
France invites foreign investors, including those from Azerbaijan, to invest in the country, the Ambassador of France to Azerbaijan Aurelia Bouchez told reporters in Baku.

(Details added, first version posted on 11:57)

Baku, Azerbaijan, Nov. 4

By Anakhanum Hidayatova – Trend:

France invites foreign investors, including those from Azerbaijan, to invest in the country, the Ambassador of France to Azerbaijan Aurelia Bouchez told reporters in Baku.

“France is a country attractive for investors. Investing in France would be good experience for Azerbaijan,” Bouchez said Nov. 4.

Azerbaijan is important for France, said the ambassador.

The two counties developed close relations, and high-level mutual visits are frequently paid, the diplomat added.

“Investing in France’s economy will let Azerbaijan diversify its economy and gain new experience. This would be mutually beneficial,” the ambassador added.

Bouchez said that investments in France will help enter not only the French market, but also the markets of the EU.

Moreover, investors will get the opportunity to make use of the potential of France’s infrastructure, she explained.

"A number of French investors operate in Azerbaijan, the most active spheres are transport, agriculture, space sector,” the ambassador said. “We want to continue expanding our activities in Azerbaijan."

Over 40 French companies operate in Azerbaijan, according to Bouchez.

According to Azerbaijan’s State Customs Committee, trade turnover between Azerbaijan and France amounted to $547.67 million as of January-September 2016, compared to $737.93 million in the same period of 2015.

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