BAKU, Azerbaijan, January 19. Azerbaijan and Saudi Arabia have discussed diversification of trade ties, Azerbaijani Minister of Economy Mikayil Jabbarov wrote on X, Trend reports.
"Within the framework of our trip to the Davos Economic Forum, we met with Faisal Alibrahim, Minister of Economy and Planning of Saudi Arabia. We discussed the issues on the agenda of our bilateral economic relations: diversification of trade ties, as well as mutual promotion of investments," the publication reads.
To note, according to the State Customs Committee of Azerbaijan, Azerbaijan exported over $4.9 million worth of goods to Saudi Arabia in 2023 and imported over $25.9 million worth of goods to Saudi Arabia.
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