BAKU, Azerbaijan, March 11. Azerbaijan will establish a joint fund with the Sultanate of Oman, said Elnur Aliyev, Deputy Minister of Economy of Azerbaijan, Trend reports.
In his speech at the Azerbaijan-Spain Business Forum in Baku, Aliyev also highlighted that Azerbaijan has recently established bilateral and multilateral funds with Kazakhstan, Uzbekistan, Kyrgyzstan, and the UAE.
"Additionally, two years ago, a multilateral fund was established by Turkic states, with Hungary also participating as a representative of the EU," he added.
The deputy minister emphasized that Azerbaijan is actively developing its role not only as a host country for investments but also as an investor in the region. For instance, over the recent years, the country has invested over $20 billion in the Turkish economy.
"These financial opportunities open up prospects for cooperation with Spain," he concluded.
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