Slovakia working intensively to finalize three economic agreements with Azerbaijan

Business Materials 19 February 2021 16:47 (UTC +04:00)

BAKU, Azerbaijan, Feb. 19

By Nargiz Sadikhova - Trend:

Slovakia is intensively working on finalizing three basic economic agreements with Azerbaijan, Head of mission of the Slovak Embassy in Azerbaijan Milan Lajciak told Trend.

Talking the investment cooperation between the two countries, Lajciak said that Slovakia does not have any tangible investment projects in Azerbaijan from last year and the major focus is currently going along two vectors.

“The first is creating the proper legal bases for economic cooperation. We intensively work on finalizing three basic economic agreements with Azerbaijan that represent the necessary legal support for economic activities between our countries. We believe the whole process is going to be finalized this year. This will motivate Slovak entrepreneurs to be more active to pick up economic opportunities in Azerbaijan,” he said.

He said the creation of common economic commission will contribute to identification economic areas of common interests.

“The second vector is focusing on the creation of the bases for cooperation among SMEs that need governmental help and assistance,” Lajciak said, adding that this was one of topics of the recent meeting of with the Minister of Economy of Azerbaijan Mikayil Jabbarov.

“This kind of cooperation represents a more sustainable basis,” Lajciak said.


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