Azerbaijan, China Discuss Activities On Green Energy Projects
(MENAFN- AzerNews)
By Ayya Lmahamad
Azerbaijan and China have discussed activities realized for the
implementation of green energy projects in the country, Azernews
reports.
The discussion took place during the meeting between
Azerbaijan's Export and investment Promotion Agency Head Yusif
Abdullayev with the newly-appointed Economic and Trade Adviser at
the Chinese embassy in Baku, Ma Chi.
During the meeting, the parties discussed the business and
investment climate in Azerbaijan and the work done to strengthen
bilateral cooperation between the two countries.
They also exchanged views on the participation of Azerbaijani
companies in the 5th China International Import Expo to be held in
Shanghai on November 5-10.
Azerbaijan is China's key trade partner in the South Caucasus
region. In 2021, China became Azerbaijan's 4th largest trading
partner. The trade turnover between the two countries amounted to
$1.7 billion.
Azerbaijan has a trade mission in China, trade and wine houses,
trade branches in trade networks and measures are continuously
taken to develop cooperation. In addition, there are companies with
Chinese capital operating in Azerbaijan. The successful investment
cooperation is underway.
Meanwhile, negotiations are underway with China on a number of
industrial projects. Azerbaijan was one of the first countries to
support China's 'One Belt, One Road' initiative.
--
Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @AyyaLmahamad
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