Azerbaijani, Jordanian businesses discuss co-op opportunities

Economy Materials 18 April 2022 14:32 (UTC +04:00)
Azerbaijani, Jordanian businesses discuss co-op opportunities

BAKU, Azerbaijan, April 18. Azerbaijani businessmen are on a working visit to Jordan, the Azerbaijani Small and Medium Business Development Agency (SMBDA) told Trend.

The purpose of the visit, organized by SMBDA jointly with the Azerbaijani embassy in Jordan, is to discuss the possibilities of expanding ties between Azerbaijani and Jordanian businessmen and the relevant structures of the two countries, implementing joint business and investment projects, development of trade relations and prospects for entering the Jordanian market.

The Azerbaijani delegation, headed by SMBDA Board Chairman Orkhan Mammadov, includes representatives of relevant structures, associations that support businesses in Azerbaijan, as well as businessmen working in the sectors of agriculture, food, tourism, healthcare, education and import-export operations.

On April 17, within the framework of visit to Jordan, Mammadov met with the Minister of Investments of the country Khairy Amr.

At the meeting Mammadov informed the minister about the program of the visit of the Azerbaijani delegation, consisting of small and medium business representatives, and stressed the importance of developing cooperation between the two countries in the areas of trade and investment.

The agency’s board chairman noted its readiness to support joint cooperation platforms for the exchange of information on business and investment initiatives, the organization of a business mission of Jordanian businessmen to Azerbaijan and participation in exhibitions in our country.

Mammadov added that SMBDA is also interested in cooperation with the relevant structures of Jordan for the exchange of potential investment projects and consideration of the possibilities of creating joint ventures.

Amr shared his opinion on the opportunities for cooperation between the businesses of the two countries and expressed support for future joint initiatives.

At the meeting between Mammadov and the head of the Jordan Chamber of Industry Fathi Jaghbir, an exchange of views took place on trade relations and prospects for cooperation between businessmen of the two countries.

During the meeting, Mammadov and Jaghbir signed a memorandum of understanding covering such issues as the exchange of information and experience in the field of entrepreneurship, the promotion of contacts between businessmen, the organization of joint events and meetings, mutual business missions.

On the same day, a Jordanian-Azerbaijani economic and investment forum was held in Jordan’s capital, Amman. The event was organized by SMBDA jointly with the Jordanian Businessmen Association.

Mammadov informed the forum participants about the successful economic reforms being carried out in Azerbaijan, the favorable business and investment climate created for entrepreneurs, as well as about the mechanisms for supporting small and medium businesses.

Minister of Investments of Jordan Amr, President of this country’s Businessmen Association Hamdi Tabbaa, Ambassador of Azerbaijan Eldar Salimov and Ambassador of Jordan Sami Asem Ghosheh spoke about economic and trade relations between the two countries, their business and investment potential, as well as opportunities for joint cooperation.

Representatives of SMBDA, the Azerbaijan Export and Investment Promotion Agency (AZPROMO), the National Confederation of Entrepreneurs' Organizations, the Association of Pomegranate Producers and Exporters, the Association of Food and Drink Producers made presentations on the prospects for bilateral cooperation at the event.