The Foundation of Export Promotion and Investment in Azerbaijan (AZPROMO) held a meeting with the head of Japan's World Investors TV Kazuyasu Ishida.
The meeting was organized on the initiative of Azerbaijan- Japan Public Union Sakura. The report from AZPROMO says Kazuyasu Ishida expressed interest in companies from their countries to cooperate with Azerbaijani entrepreneurs in the fields of agriculture, finance and real estate.
According to the State Customs Committee of Azerbaijan for the first nine months of 2013, the bilateral trade amounted to $ 266.3 million, a 43.4 % increase over the comparable period in 2012. Merchandise exports to Japan ($ 22.5 million) increased by almost 60 times, while imports in the opposite direction ($ 243.8 million) - 31.5 %. - 08D-
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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