(MENAFN- AzerNews) By Ayya Lmahamad
Baku Expo Center is hosting an exhibition dedicated to
showcasing Chinese products, Azernews reports.
Speaking at the opening ceremony of the exhibition, Small and
Medium Business Development Agency (SMBDA) Board Chairman Orkhan
Mammadov said that the exhibition is a good opportunity for the
development of trade relations and cooperation between Azerbaijani
and Chinese businesses.
He also spoke about the agency's support to expand sales
opportunities for small and medium-sized businesses.
Moreover, Orkhan Mammadov mentioned that the agency supports the
participation of local SMBs in exhibitions organized in Azerbaijan
and abroad on a gratuitous basis as part of the support
program.
“This allows micro, small, and medium-sized businesses to
promote their products to a wider audience,” he said.
The diplomatic relations between the two countries were
established on April 2, 1992.
Azerbaijan is China's key trade partner in the South Caucasus
region. In 2021, China became Azerbaijan's 4th largest trading
partner, with a trade turnover amounting 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. 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.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
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