Azerbaijan, Baku, 13 June / Trend E.Aliyev /
Azerbaijan is ready to share its successful practices with foreign economic partners, Azerbaijan's Deputy Minister of Economic Development Niyazi Safarov said on Thursday, speaking at the opening of the Azerbaijan-Belgium-Netherlands business forum in Baku.
"The strategy of the country's economic development implemented by the government of Azerbaijan has led to greater economic growth. This has resulted in Azerbaijan supporting economic co-operation with more than 150 countries. Today's forum is living proof of this. Such events prove the existence of great interest to Azerbaijan abroad," Safarov said.
According to him, the three countries have successfully established cooperation in many areas.
"There are more than 80 companies backed by Dutch capital and 16 with Belgian capital in Azerbaijan," the deputy minister said.
According to him, the mutual high level visits make a positive contribution to the development of economic cooperation.
"Various business events and forums are regularly held by our countries. They constitute a logical continuation of the measures taken for the development of bilateral cooperation at the highest level. However, despite this, there is a great potential for further expansion of cooperation," Safarov said.
According to him, Azerbaijan has established a favourable climate for foreign investment.
"As a result of the reforms carried out by national leader Heydar Aliyev after the restoration of independence of Azerbaijan, there have been significant improvements in the political and economic systems and public administration. Azerbaijan has created and protects three main conditions for the expansion of international cooperation and involvement of new partners; economic, political and social stability. This creates a solid foundation for development and represents the country as a reliable partner in the international arena," the deputy minister said.
The Business Forum has been organised by the Azerbaijan Export and Investment Promotion Foundation (AZPROMO).
The event takes place within the framework of the visit of delegations from the Belgian town of Lommel and the Dutch town of Bergeijk to Azerbaijan.
The forum is attended by Belgian and Dutch entrepreneurs working in the field of engineering, production of optomechanical systems and mechanical modules, production of glass panels for solar energy, biomass and biogas energy, water purification and other industries.