Baku Hosts Azerbaijan-Bulgarian Business Forum
Today in Baku started the Azerbaijani-Bulgarian business forum, which discussed issues of further expansion of business cooperation, including investment between the two countries.
The Deputy Minister of Economic Development Niyazi Safarov said that Azerbaijan and Bulgaria there is a perfect legal contractual framework that allows full development of trade and economic relations.
In Azerbaijan, there are 10 companies with the Bulgarian capital. Safarov said Bulgarian entrepreneurs may be interested in Azerbaijan's production capabilities and processors and packaging of agricultural products, machinery, pharmaceutical and chemical industries as well as tourism and construction.
Minister of Regional Development and Public Affairs of Bulgaria Lilia Pavlova expressed satisfaction with the development of trade and economic relations between the two countries.
During the business forum Azerbaijan's Azvirt signed a memorandum of understanding on cooperation with the company Dynamic Resource. Another local company "Caspian Service" signed similar documents with the Bulgarian Dynamic Resource and Biad Company.
The business forum was attended by representatives of 12 Bulgarian companies working in the fields of engineering, power engineering, construction, etc. Today Bulgarian businessmen will visit several Azerbaijani companies. In particular, they will visit the company "NB Group", which produces construction materials, said Turan in the fund for the promotion of exports and investment (AZPROMO). - 08D-
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review