(MENAFN- AzerNews) By Ayya Lmahamad
Azerbaijan and Lithuania have signed a memorandum of partnership
to develop and integrate into ATMs a solution that will allow them
to process and issue loans, Azernews reports.
The memorandum was signed between Azerbaijan's SINAM IT company
and the local office of the Lithuanian BS/2 company.
The document was signed by SINAM's President Elchin Aliyev and
BS/2 Azerbaijani office Head Ilgar Hasanov.
Diplomatic relations between the two countries were established
on November 20, 1995. The embassy of Azerbaijan in Lithuania was
opened in September 2007, while the embassy of Lithuania in
Azerbaijan was opened on April 3, 2007.
The two countries have so far signed 39 documents. Azerbaijan is
Lithuania's biggest trade partner in the Caucasus. The trade
turnover between the two nations amounted to $42 million in 2021,
and to $14.4 million in the first half of 2022.
--
Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @ayyalmahamad
Follow us on Twitter
@azernewsaz
Tags: azerbaijan memorandum atms lithuania loans it
MENAFN26112022000195011045ID1105235592
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.