Azerbaijan, Baku/ Trend / Emil Madjidov, the President of AZPROMO,(Azerbaijan Export and Investments Encouragement Fund), has stated that as a result of the Azerbaijani-Korean Business Forum being held in Seoul today, three Memorandums on Mutual Understanding have been signed between the Azerbaijani and South Korean Party.
One Memorandum was signed with "Baku Consumer Ware" JV on deliveries of chemical raw materials to South Korea. The value of the contract is $6 mln. Azerbaijan's ASPI Consulting and the Baku Business Centre signed Memorandums on Mutual Understanding with Korean businessmen as well. The organizers of the business forum held in Seoul were the Azerbaijan Economic Development Ministry and AZPROMO.
Some 40 Azerbaijani businessmen and 60 Korean businessmen took part in the forum.