BAKU, Azerbaijan, February 28. The Croatia–Azerbaijan Investment Forum is scheduled for execution, Azerbaijan's Minister of Economy Mikayil Jabbarov wrote on his X page, Trend reports.
"Today, we begin our working visit to Croatia! We will meet with Croatian government officials to discuss bilateral economic relations and join the Croatia-Azerbaijan Investment Forum," the minister explained.
Statistical data indicates that Azerbaijan's export volume to
Croatia for the initial 11 months of 2024 amounted to $873.4
million, signifying a 1.6-fold increase. The export share
constituted 3.59 percent (in contrast to 1.7 percent during
January-November 2023). Simultaneously, the import volume from
Croatia increased by 7.6 percent, totaling $4.8 million. The import
share persisted at 0.03 percent, consistent with the figures from
January through November 2023. On April 29, 2019, a collaborative
business forum between Azerbaijan and Croatia was conducted,
initiated by the Azerbaijan Export and Investment Promotion
Foundation and supported by the Ministry of Economy of Azerbaijan.
Representatives from more than 80 enterprises across diverse
sectors attended the discussion.
Additionally, on September 1, 2024, the State Oil Company of
Azerbaijan Republic (SOCAR) commenced gas deliveries to
Croatia.
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