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BAKU, Azerbaijan, Dec. 13
Trend:
The fourth meeting of the working group on cooperation between Azerbaijan and Saudi Arabia was held in Riyadh city, Trend reports referring to Azerbaijan’s Agency for the Development of Small and Medium-sized Enterprises (SMEs) Dec. 13.
The working group operates within the Joint Commission on Cooperation between Azerbaijan and Saudi Arabia in the economic, trade, investment, technical, cultural, sports and youth spheres.
The co-chairs of the working group are Azerbaijan’s Agency for the Development of SMEs and Saudi Arabian General Investment Authority (SAGIA).
During the meeting, which was attended by representatives of relevant structures of both countries, an exchange of views was held on the development of bilateral ties in various fields, including in the field of small and medium-sized enterprises.
The parties also discussed expansion of economic cooperation between Azerbaijan and Saudi Arabia, the organization of joint events with the participation of SMEs of both countries, exchange of information in various sectors of the economy, the possibility of participation of the relevant Saudi structures in the SME Development Fund under the Agency, and the organization of joint business missions.
Following the fourth meeting of the working group on cooperation between Azerbaijan and Saudi Arabia, a protocol was signed.
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