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Ambassador: Azerbaijan’s investment climate attractive to Israeli business

Business Materials 3 August 2010 15:34 (UTC +04:00)

Azerbaijan, Baku, Aug.3 / Trend, U. Sadikhova /

Investment climate in Azerbaijan is attractive to the Israeli business, Israeli ambassador to Azerbaijan Mikhail Lavon-Lotem told Trend.

He said relations between the two countries in economic and political spheres are rapidly developing.
Speaking about the Israeli economy, Lavon Lotem said that during the first half of the year, the economy showed impressive results. He also noted the need to develop non-oil sector of Israel, and in particular agriculture.

Lavon-Lotem expressed the hope that the number of Israeli companies operating in Azerbaijan will increase in the construction sector, telecommunications, healthcare and other spheres.

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