European Investors Come to Azerbaijan for Its Stability

Baku/11.09.13/Turan : Today the Azerbaijan Diplomatic Academy hosted the first European- Azerbaijan Investment Conference , followed by bilateral meetings . Its leitmotiv is the economic and political stability in Azerbaijan , which has attracted more than 280 companies Baku from 12 European countries. Enthusiastic positive economic and investment performance speakers and businessmen do not bother the status of human rights in Azerbaijan .

Some critical remarks about the economic situation in Azerbaijan was of acting Head of Mission of the European Union in AR Toralf Pilz, who pointed to the dependence of the economy on the oil factor , the low level of competition and the fight against corruption. To this criticism did not react Deputy Minister of Economic Development Sevinc Hasanova. In her view , the promotion of Azerbaijan Competitiveness Index speaks volumes.

Speaking at the conference, a representative from Athens was talking about investing in the economy is facing a crisis of Greece. At the same time, Aristomenis Syygros telling of the bond connecting the two countries, noted that the advantage of Azerbaijan in the region is its political stability over the past 20 years.

The reports on the investment climate and economic opportunities Azerbaijan representatives of the Fund to promote exports and investment in Azerbaijan (AZPROMO) and JSC "Azerbaijan Investment Company".

The conference continued its work to plenary on supply companies in the oil and gas sector , alternative and renewable energy, agricultural exports to Europe , investments in the field of eco-efficient construction, information and communication technologies.

The event was organized at the initiative of the EU East Invest with AZPROMO and German- Azerbaijan Chamber of Commerce (AHK Azerbaijan). - 08C-