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Azerbaijan, Afghanistan mull creation of joint enterprises

Business Materials 19 July 2016 09:32 (UTC +04:00)

Baku, Azerbaijan, July 19

By Anvar Mammadov – Trend:

Azerbaijan and Afghanistan discussed the creation of joint enterprises to produce food products, said Azerbaijani Economy Ministry in a message.

The discussions were held during the meeting of Azerbaijan’s Economy Minister Shahin Mustafayev with Afghanistan’s Ambassador to Baku Mohammad Taqi Khalili.

Economic cooperation between the two countries and other issues of mutual interest were also discussed during the meeting. It was noted that there is great potential for cooperation in transportation, logistics, agriculture, trade and other fields between Afghanistan and Azerbaijan.

The parties also exchanged views on construction of a cement plant in Afghanistan and the joint production of cotton.

Trade turnover between Azerbaijan and Afghanistan was $23.47 million in H1 2016, according to Azerbaijan’s State Customs Committee, and the entire amount accounted for the export of Azerbaijani goods to Afghanistan.

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