Baku, Azerbaijan, Nov. 17
By Huseyn Valiyev – Trend:
Azerbaijani products can be easily supplied to the European countries’ markets thanks to the cooperation between Azerbaijani and Bosnia and Herzegovina’s companies, Rufat Mammadov, head of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), told Trend Nov. 15.
Mammadov said that Azerbaijani products can be supplied to the European countries’ markets due to Bosnia Herzegovina’s free trade agreement with the European Union.
"We can also offer Bosnia and Herzegovina’s companies to supply goods to the markets of the CIS countries with which Azerbaijan has a free trade agreement, that is, the issue is mutual interest," he said. "Of course, we are still at the early stages of bilateral trade and investment relations. But there are so many opportunities that can be used to increase the trade turnover and the presence of Azerbaijani business in this market."
"Azerbaijan and Bosnia and Herzegovina held many business meetings and business forums," Mammadov said. "The enterprises and companies from Bosnia and Herzegovina’s Olovo town have been represented at the Azerbaijan-Bosnia and Herzegovina business meeting in Baku Nov. 15."
"Business circles of the two countries are interested in a wide range of issues, primarily in such areas as construction, heavy engineering, automotive industry, agriculture, food industry, textile industry, furniture industry and various sectors of manufacturing industry."
"Azerbaijani companies, working in agriculture, agrarian industry, processing industry and food production, are already operating in Bosnia and Herzegovina’s market," he said. "It is a traditional sector for Bosnia and Herzegovina and Azerbaijan."
"The companies of the two countries also cooperate in the furniture industry," Mammadov said. "There are great prospects for establishing cooperation in the textile industry, which is now actively developed in Azerbaijan. Bosnia and Herzegovina also has skills in textile industry."
"We are organizing export missions to the priority foreign markets through the Made in Azerbaijan brand," he said. "It is early to say about the date of the visit of the Azerbaijani exporters to Bosnia and Herzegovina. Nevertheless, if there is an interest, we can organize an export mission to this country to promote Azerbaijani products in this market. Everything will depend on the agreements reached by our companies within today's business forum and previous business meetings."