(MENAFN- AzerNews)
By Ayya Lmahamad
Azerbaijan and Spain have discussed the possibility of holding a
business forum, Azernews reports.
The discussion took place during a meeting between the
representatives of Azerbaijan's Export and Investment Promotion
Agency (AZPROMO) and Charge d'affaires ad interim of the Spanish
Embassy Patricia Sanchez.
During the meeting, AZPROMO'S Adviser Zohrab Qadirov provided
information on the favorable business and investment environment,
as well as projects implemented in Azerbaijan.
Diplomatic relations between the two states were established on
February 11, 1992. At the end of 2005, Azerbaijan opened its
embassy in Madrid, and a diplomatic mission of Spain in Baku has
been operating since 2014.
During the period from 2010 to 2020, Azerbaijan and Spain signed
various cooperation agreements, including memorandums of
cooperation in the fields of sports, culture, education, science,
information, and communication; an agreement on the cancellation of
a short-term visa regime for citizens holding diplomatic passports;
convention for the avoidance of double taxation; as well as
memorandums of understanding between the diplomatic academies and
the foreign ministries of the two countries.
Additionally, in 2021, the Azerbaijani-Spanish trade turnover
amounted to $645.8 million.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @AyyaLmahamad
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