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Azerbaijan to open wine house in Shanghai

Business Materials 17 May 2018 11:27 (UTC +04:00)
Azerbaijan will open its wine house in Shanghai before the end of this year.
Azerbaijan to open wine house in Shanghai

Baku, Azerbaijan, May 17

By Ilkin Shafiyev – Trend:

Azerbaijan will open its wine house in Shanghai before the end of this year, President of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Rufat Mammadov told reporters in Baku May 17.

Technical issues remain to be solved, he said.

“On May 16, negotiations continued with the Shanghai Free Trade Zone, where the opening of the wine house is expected,” Mammadov said. “Many things don’t depend on us. Procedures and legislative process are of great importance there.”

Azerbaijani entrepreneurs have been exporting vodka to China since this year. Deliveries were established on the basis of agreements reached within the framework of three expert missions organized by AZPROMO in the past. This year, along with expert missions, Azerbaijani companies will also participate in exhibitions in China.

Trade between China and Azerbaijan in 2017 increased by 43 percent to $1.2 billion. The export of Azerbaijani products to China increased by 2.1 times.

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Follow the author on Twitter: @IlkinShafiyev

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