AzPromo invites Italian business in Azerbaijan
Presentation "Investments in Azerbaijan: Business Environment and Opportunities", organized by the Azerbaijani Fund for Export and Investment Promotion (AzPromo) and the Italian-Azerbaijani Trade Institute (ITAZERCOM), was held in Milan.
According to the information of the Ministry of Economy and Industry, the Head ITAZERCOM Manuela Traldi speaking at an event in the framework of the international exhibition EXPO-2015 emphasized the level of bilateral trade with Baku, noting that Azerbaijan is implementing major projects in various sectors of the economy, which also involved and Italian company.
Rufat Mammadov, the head of AzPromo, briefed the participants on the country's economy and the Azerbaijani-Italian economic and trade relations. Participants were presented the possibilities of several specific organizations: the Azerbaijan Investment Company, Sumgait Chemical Industrial Park and Balakhani Industrial Park.
Participants of the presentation also reviewed the Azerbaijani national pavilion at the Milan exhibition EXPO-2015. --17D--
Economics
-
Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
-
The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
-
BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
-
In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
Leave a review