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Black and Caspian sea businessmen united in confederation

Business Materials 25 July 2006 15:43 (UTC +04:00)

The first conference of Confederation of businessmen of Caspian and Black seas countries is held November 26 to 27 in Turkey, reportedly said Ahmet Erentok, head of ATIB (Azeri and Turkish businessmen association) and chairman of supervisory council with Ata Holding.

ATIB initiated the confederation establishment, which comprised businessmen from 16 countries. Erentok said Uzbekistan, Pakistan, Afghanistan, India and some other countries might join the confederation.

В"In September I am going to some countries (Turkmenistan, Kazakhstan, Kyrgyzstan and Uzbekistan), which yet not decided the businessmen associations to be represented in our Confederation. In case there are no such organizations, we will promote their setupВ", said Erentok.

The second visit is performed in Iran as ATIB was assigned to identify partners in this country. The final talks will be held with two determined partners, House of Industry and Trade and Association of Construction and Consultations.

In general, confederation unites the countries with population of 440mln, GDP $2trn and external goods turnover $800bn. The conference constituent memorandum was signed June 24, 2006.

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