Bulgaria offers Azerbaijan creation of joint ventures in energy sector (PHOTO)
Azerbaijan, Baku, April 27 /Trend A.Akhundov/
Bulgaria is interested in establishing joint ventures with Azerbaijan on promising areas of cooperation, particularly in the field of energy, chief of the CIS countries and Russian department in the Bulgarian Ministry of Economy, Energy and Tourism Yordan Tenev told journalist in Baku.
"We can develop relations not only in the energy sector where we are very interested in Azerbaijan's energy resources, but also the non-oil sector which is rapidly developing in Azerbaijan," Tenev said.
According to Tenev the current volume of trade between the countries amounting to $33 million is far below its potential. "There are great opportunities to expand trade relations and increase mutual investment," Tenev said.
President of Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Adil Mammadov said there is a good platform for establishing contacts.
"In particular, our companies can benefit from the experience of their Bulgarian partners, especially in agriculture," Mammadov said.
The business meeting was held during the visit of Bulgarian delegation headed by Prime Minister Boiko Borisov to Azerbaijan. The forum was attended by businessmen from both countries representing the areas of construction, transport, logistics, pharmaceutical, poultry and wine.