Increasing Economic Ties with the Kingdom of the Netherlands

Today, as part of the visit, Vice-Premier of the Netherlands, the Minister of Economic Affairs, Agriculture and Innovation of the country Maxim Veragena signed a declaration on the draft agreement on mutual protection and promotion of investments.

In addition, between the Azerbaijan State Agrarian University and consulting company for the production of dairy products "Friesian" agreement of understanding "courses Masters in business management and development of the experimental farms." Azerbaijan Diplomatic Academy and the control center of Maastricht signed a memorandum on business management and engineering design contract for the construction of an office area of ??10 thousand square meters. m under the "Baku - the white city".

As Turan reported in the press service of the Ministry of Economic Development, the country is an important economic partner of Azerbaijan. Here in the various business sectors involved 70 Dutch companies that have invested in the local economy $ 365 million exports from the Netherlands to Azerbaijan in 2011 increased three times. From January to August this year, trade between the two countries increased by 42%. In general, the two countries signed 10 agreements in the economic sphere.

The forum was attended by representatives of the spheres of economy, logistics, industry, ICT, agriculture, construction and engineering, energy, architecture, waste management, etc.

According to the State Customs Committee, in the first half of 2012, imports from the Netherlands to Azerbaijan totaled $ 70.4 million (+32.6%), while exports - $ 3.8 million (+22.5%).

The Netherlands, also known as offshore zone is included in the leading position in terms of direct investment in Azerbaijan. In Azerbaijan, a number of companies operate with the Dutch capital. - 17D-