Today upon the completion of talks with South Korean economic mission in Azerbaijan, the protocol Mutual understanding was signed, Trend reports, by Deputy Minister of Economic Development Niyazi Safarov and Korean Deputy Minister of Trade, Industry and energy Lee Von Gul.
Safarov positively appraised the talks, which continue those held during May visit of Korean president to Azerbaijan.
В"Korea is really interested in co-operation in over 20 economy spheres (trade, investments, communication and IT, energy, agriculture and soВ", said Safarov.
Safarov also said it is too early to speak of amounts of investments in Azerbaijan as the talks on the projects have just started.
During the meetings at the ministry of Communication and IT officials discussed Koreas participation in e-government and IT development project.
В"We also discussed free economic zones with Koreans. We said we consider their experience quite useful and they stated their willingness to assistВ", said Safarov.
Mr Gul said of his countrys readiness to co-operate with Azerbaijan. This statement is confirmed by the size of Korean delegation (61 people), including executives of state oil&gas corporations, leading private companies, in particular Daewoo International Corporation, Hyundai Electric & Machinery, SK Corporation and so on.