Azerbaijan, Switzerland Discuss Cooperation Expansion
Date
12/17/2022 5:10:35 AM
(MENAFN- AzerNews)
Ayya Lmahamad read more Azerbaijan and Switzerland have discussed expanding cooperation,
Azernews reports.
The discussion took place during a meeting between Azerbaijani
Small and Medium Business Agency Board Chairman Orkhan Mammadov and
Swiss Confederation federal Council for Trade Agreements
representative, State Secretariat for Economic Affairs bilateral
economic relations department head Erwin Bollinger.
During the meeting, the parties exchanged views on expanding the
cooperation of business entities within the framework of joint
ventures and mechanisms.
Diplomatic relations between the two countries were established
on January 21, 1992.
Azerbaijan and Switzerland cooperate in various economic
sectors. There is mutually beneficial cooperation between Baku and
Bern in the non-oil sector. In addition, Baku will host a meeting
of the Commission on Trade and Economic relations between
Switzerland and Azerbaijan in 2022.
The trade turnover between the two nations amounted to $457.2m
in 2021, with exports accounting for $272.5m and imports for
$184.7m.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
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Tags: azerbaijan switzerland cooperation small and medium business development agency (smbda)
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