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Azerbaijan, Czech Republic may establish joint industrial enterprises

Business Materials 25 April 2014 19:33 (UTC +04:00)

Baku, Azerbaijan, April 25

By Emin Aliyev - Trend:

Azerbaijan and the Czech Republic will study the possibility of creating joint industrial enterprises, according to the protocol signed on April 25 on the results of the second meeting of the bilateral intergovernmental commission on economic, scientific, technical and cultural cooperation.

The parties have agreed to expand the bilateral cooperation between the industrial enterprises of Azerbaijan and the Czech Republic in such spheres as engineering, ferrous and nonferrous metallurgy, mining industry, production of construction materials and others.

Additionally, the parties agreed to invite the companies from Azerbaijan and the Czech Republic to the industrial parks created in these countries.

The Czech side also invites the Azerbaijani companies to participate in the implementation of infrastructure projects in high-tech and knowledge-intensive spheres, in the service sector, tourism and petrochemical industries.

Translated by L.Z.

Edited by C.N.

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