Azerbaijan, Baku / Тrend corr A. Badalova / The Azerbaijan Economic Development Minister, Heydar Babayev, invited German companies to participate in joint projects with the Azerbaijan Investment Company (AIC), the minister said at a meeting with the Bundestag MPs delegation headed by members of the Bundestag Foreign Policy and Defence Commission, Andreas Shokenhof.
Babayev noted that trade turnover between Azerbaijan and Germany made up $412.7mln in 2006, and $200mln in the 1st half of 2007. The trade turnover between the two countries may comprise $1bln in future.
Prospects to extend cooperation in different fields between the two countries will be discussed during the planned visit of the German Economy Minister to Azerbaijan.
The Azerbaijani Ambassador to Germany, Parviz Shahbazov, also attended the meeting with the delegation.