Azerbaijan Showcasing Business, Investment Opportunities In London
Date
6/14/2022 7:32:02 AM
(MENAFN- AzerNews)
By Ayya Lmahamad
Azerbaijan's business and investment opportunities will be
presented in London on June 14, Azernews reports.
A panel discussion on 'Doing Business in Azerbaijan' will be
held in London today within the framework of the 5th meeting of the
Joint Intergovernmental Commission on Economic Cooperation between
the government of Azerbaijan and the UK Government.
During the event, Azerbaijan's Export and Investment Promotion
Foundation will present business and investment opportunities in
Azerbaijan.
A delegation led by Azerbaijan's energy Minister Parviz
Shahbazov is paying a visit to London to attend the fifth meeting
of the Joint Intergovernmental Commission. The parties are expected
to discuss the work done since the 4th session of the
Intergovernmental Commission, including cooperation on further
improvement of the business environment, increasing investments,
energy transition, digital economy, infrastructure, agriculture,
and others.
Azerbaijan and the UK are cooperating in different sectors of
the economy. There are already 30 years of successful cooperation
between the two countries in the oil and gas sector, which entered
a new stage of development in line with the challenges of the
global energy sector. The energy sector accounts for $28.8 billion
out of $30.6 billion of the UK investments in Azerbaijan's economy.
The UK is also the biggest investor in Azerbaijan.
The trade turnover between the two countries amounted to $667.8
in 2021.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @AyyaLmahamad
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