Baku, Azerbaijan, April 24
Representatives of the public and private sectors of the Saudi Arabian General Investment Authority (SAGIA), who are visiting Baku in order to attend the Falcons Summit event, visited the Agency for the Development of SMEs (small and medium-sized enterprises), Trend reports referring to the agency.
A discussion was held at the meeting between the Chairman of the Board of the Agency Orkhan Mammadov and SAGIA’s International Cooperation & Treaties Senior Specialist Bader Mohammad Almufgai on the expansion of ties in the sphere of investments between Azerbaijan and Saudi Arabia. The areas of cooperation envisaged by the program for framework cooperation to expand bilateral investment ties were discussed, along with the measures to be taken in this area.
The document was signed between the Agency for the Development of SMEs and SAGIA during the 5th meeting of the Azerbaijan-Saudi Arabia Intergovernmental Commission in Baku held on March 4, 2019 in Baku.
Meetings organized by the Agency are also scheduled between the Saudi delegation and a number of Azerbaijani structures.