The Foundation for Export and Investment Promotion in Azerbaijan (AZPROMO) established a representative office in Italy, whose head is Tural Rustam Oglu Mammadov.
Mamedov is involved in private business (IT, food industry, etc.) in one of the cities of Italy.
The function of representation includes networking with Italian companies, finding opportunities to export Azerbaijani products to Italy, as well as attracting the leading investment funds to Azerbaijan's economy.
AZPROMO representative offices operate in Kazakhstan, Georgia, Germany, Austria and China. Previously established, but thereafter ceased operations offices in the USA, the UAE and the UK.
Today Baku Business Center hosted a business forum attended by about 140 representatives of companies from different sectors of the economy. -----08D
Economics
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
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