Azerbaijan, Qatar mull business cooperation| MENAFN.COM

Tuesday, 17 May 2022 11:16 GMT

Azerbaijan, Qatar mull business cooperation

(MENAFN- AzerNews)

By Sabina Mammadli

Business officials from Azerbaijan and Qatar have discussed prospects of cooperation between the two countries' small and medium-sized businesses, Trend has reported.

The meeting held between Azerbaijan's Small and Medium Business Development Agency Chairman Orkhan Mammadov and Managing Director of the Qatari Baladna Food Industries Ramez Al-Khayat focused on the support and services that can be provided to the Baladna Food Industries, the report added.

It should be noted that the latter meets 95 percent of Qatar's needs for meat, milk, and dairy products.

The parties also exchanged views on the implementation of projects in the field of cooperation between SMBs of the two countries.

The Small and Medium Business Development Agency was established under the Azerbaijani presidential decree on December 28, 2017. Its charter and structure were endorsed by the presidential decree on June 26, 2018.

As a legal entity under the Economy Ministry, the agency is authorized to support the development of small and medium businesses in the country by providing them with a number of services.

It should be noted that Azerbaijan and Qatar signed an agreement on the mutual abolition of visa requirements for persons holding general civil passports on October 18, 2021.

Qatar, which has been cooperating with Azerbaijan since September 1994, was one of the first countries to express support for Azerbaijan's sovereignty and territorial integrity amid bloody clashes going in and around Karabakh from late September to early November in 2020.


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