BAKU, Azerbaijan, July 15. Azerbaijan and Israel have discussed a strategy to strengthen bilateral economic relations, Azerbaijani Economy Minister Mikayil Jabbarov wrote on X, Trend reports.
The publication notes that a meeting was held with Israeli Regional Cooperation Minister David Amsalem.
"We discussed strategies to enhance bilateral economic and trade relations. We exchanged insights on Azerbaijan's favorable investment climate for foreign investors and the potential for expanding cooperation among private sector stakeholders," the publication reads.
To note, according to the State Customs Committee of Azerbaijan, trade turnover between the two countries from January through May of this year reached $921.6 million. Exports accounted for $909.9 million, while imports accounted for $11.7 million.