Baku, Helsinki Eye Cooperation Dev't In Smart Industry & Smart City Sectors
Date
10/31/2022 8:07:59 AM
(MENAFN- AzerNews) By Ayya Lmahamad
Baku and Helsinki have discussed the development of cooperation
with Finnish companies with experience in the smart industry and
smart city sectors, Azernews reports.
The discussion took place during a meeting between Azerbaijan's
Deputy Economy Minister Sahib Mammadov and a delegation led by
Finnish Foreign Ministry Under-Secretary of State for external
economic relations Nina Vaskunlahti.
During the meeting, the parties discussed the current state of
economic relations between the two countries and the Promotion of
trade and investment.
The sides also discussed other issues of mutual interest.
Diplomatic relations between the two countries were established
on March 24, 1992.
In total, five documents were signed between the Republic of
Azerbaijan and the Republic of Finland. Over 10 Finnish companies
have been operating in Azerbaijan in sectors such as industry,
trade, construction, and services. The trade turnover between the
two countries amounted to $25.8 million in 2021.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
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