Azerbaijan ready to ease financial terms for French investments: French Foreign Trade State Secretary
Azerbaijan is ready to ease the financial terms for French investments in its economy, French State Secretary for Foreign Trade Anne-Marie Idrac said at a press conference after a meeting of the Azerbaijan-French intergovernmental commission on economic cooperation.
"At today's meeting of the commission, we agreed that economic development of Azerbaijan will play a big role in our cooperation. To facilitate investing in the Azerbaijani economy the country is ready to ease financial terms, exactly like with the project on environmental cleaning in Baku," Idrac said.
Despite the crisis in the world, Azerbaijan's economy is developing. So, French companies intend to increase investing in country's economy. Today France is the fifth country in terms of investing in Azerbaijan, she said.
"French companies want and encourage other investors to invest in Azerbaijan. However, requirements for business climate are rising along with increasing investments, as improving business environment facilitates investing and finding partners for new projects," Idrac said.Do you have any feedback? Contact our journalist at [email protected]