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Azerbaijan, Israel to Discuss Economic Cooperation

Business Materials 19 February 2007 14:04 (UTC +04:00)

Heydar Babayev, the Azerbaijani Minister for Economic Development, will be on a visit to Israel from 18 to 22 February at the invitation of Israeli side

The Ministry of Economic Development informed Trend that during the visit he is scheduled to meet with the Israeli Foreign Minister, Zivi Livni, Infrastructure Minister, Benjamin ben-Aliairzer and the Minister for Strategic Issues, Lindermand. The talks will focus on prospects of development and the exiting state of the bilateral relationships.

Minister Babayev plans to hold meetings at Hibri University, the Institute of Export and International Cooperation, leadership of Elektroinvestemnt Company, RAD Information and Technologies, Batiman Litvin N.V., ORAD, Eylad Ashkelon Pipeline Ltd, Housing and Construction Holding Ltd, as well as Israeli Venture Association, Mizrahi and Leumi banks, water company Mekorod.

The meetings will focus on expansion of relationships between entrepreneurs of Azerbaijan and Israel, implementation of joint projects, application of advanced Israeli technologies in Azerbaijan, expansion of trade cooperation.

Within the framework of the visit it is planned to sign Azerbaijani-Israeli intergovernmental agreement on promoting investments and mutual protection

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