(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 19 . An agreement on
the establishment of the joint Azerbaijan-Saudi Arabia Business
Council was signed between the Azerbaijani Small and Medium
Business Development Agency (SMBDA) and the Federation of Saudi
Chambers on December 19, trend reports.
The signing took place within the 7th meeting of the Joint
Commission on Cooperation between the Government of the Republic of
Azerbaijan and the Government of the Kingdom of Saudi Arabia in the
fields of economy, trade, investment, technology, culture, sports,
and youth.
The council, which will include representatives of the business
communities of both countries, will support the initiatives of
entrepreneurs, help establish direct partnerships between
businessmen, organize mutual visits, meetings, seminars, round
tables, and other events, as well as exchange information between
the business circles.
Speaking at the meeting of the commission, the SMBDA Board
Chairman Orkhan Mammadov informed about cooperation with the
relevant structures of Saudi Arabia.
He noted that the agency will continue its activities to expand
ties between the business circles of the two countries, develop
cooperation between business communities and further develop the
trade ties.
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