(MENAFN- AzerNews) By Ayya Lmahamad
Azerbaijan and Qatar have signed an agreement on the
establishment of a joint business council, Azernews reports.
The document was signed by Azerbaijan's Small and Medium
Business Development Agency Board Chairman Orkhan Mammadov and
Qatar's Chamber of Commerce and Industry Board Member Ali Bin
Abdullatif Al Misned.
The Azerbaijan-Qatar business council will be a platform to
discuss the general and future directions of bilateral trade and
economic cooperation between the two countries to promote relations
between businesses.
In order to further develop bilateral trade and economic
relations between Azerbaijan and Qatar, the business council will
support the initiatives of entrepreneurs, promote the establishment
of direct ties between the two countries' businesses, including
SMBs, organize mutual visits, meetings, joint seminars and
roundtables with the participation of entrepreneurs and promote the
development of economic relations.
Moreover, the business council will promote the exchange of
commercial, trade, economic, scientific, technological, and other
information, and provide support in the creation of joint
ventures.
Azerbaijan and Qatar are cooperating in various fields of
economy, politics, and other spheres since September 1994. The
trade turnover between the two countries totaled $1.6 million in
2021. Qatar was also one of the first countries to express support
for Azerbaijan's sovereignty and territorial integrity amid bloody
clashes going in and around Karabakh from late September to early
November 2020.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
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