Azerbaijan is interested in expanded cooperation with Western Kazakhstan
Azerbaijan, Baku, May 30 / Trend, A. Akhundov /
Azerbaijan is interested in cooperation with Western Kazakhstan, Azerbaijani Deputy Minister of Economic Development Niyazi Safarov said at a joint business forum in Baku on Thursday.
A delegation headed by Atyrau oblast governor Serik Aidarbekov arrived in Baku. It includes representatives of companies operating in the fields of agriculture, food processing, medicine, shipping and energy.
"The two countries have established a solid legal basis," Safarov said. "Nine meetings of the intergovernmental commission on trade and economic cooperation have been held up to now. Today, about 40 companies with Kazakh capital work in Azerbaijan. Azerbaijani businessmen are working successfully in Kazakhstan."
He said that the agroindustrial complex, food industry and establishment of joint ventures in different areas of the economy look like the most profitable areas to invest in.
While speaking at a business forum, Aidarbekov proposed that Azerbaijani companies invest in the region.
"Atyrau is considered Kazakhstan's oil capital," he said. "There are 66 oil and 21 gas and gas condensate fields in Atyrau. The region has a favorable investment climate. The purpose of the visit is to further expand the cooperation and exchange the experience in various fields. We are interested in Azerbaijan's experience in the fields of petrochemical industry, agriculture management and so on."