(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 17. The
Azerbaijan-Hungary Business Forum has taken place in Budapest
within the 9th meeting of the Joint Commission on Economic
Cooperation, the Ministry of Labor and Social Protection of the
Azerbaijani Population told trend .
The business forum was attended by 87 companies, out which 26
were from Azerbaijan, and 61 companies – from Hungary.
Co-Chair of the Joint Commission from Azerbaijan, Minister of
Labor and Social Protection of the Population Sahil Babayev and
Commission Co-Chair from Hungary, Minister of Foreign Affairs and
Trade Péter Szijjártó delivered speeches at the business forum.
It was emphasized that efforts made by the Azerbaijani and
Hungarian leaders and important documents signed by them facilitate
the expansion of bilateral cooperation, as well as promote the
development of business cooperation, for instance through holding
business forums in Baku and Budapest. The officials praised
Hungarian businessmen's interest in reconstruction activities
carried out on Azerbaijani liberated lands, and underscored the
significance of friendly countries' involvement in this
construction work.
President of the Azerbaijan Export and Investment Promotion
Foundation (AZPROMO) Yusif Abdullayev informed about the targeted
work to develop entrepreneurship in Azerbaijan, improve the
business and investment environment, and emphasized the
achievements in this area.
Deputy Chairman of the Board of Directors at Alat Free Economic
Zone Authority (AFEZA) Ismayil Manafov talked about the Zone's
importance for investors.
Chairman of the Management Board of Azerbaijan's Small and
Medium Business Development Agency (SMBDA) Orkhan Mammadov briefed
on the measures taken to support businessmen, establishing
cooperation between themб and implementing joint initiatives.
Speaking at the business forum, the Hungarian businessmen
pointed out that the work carried out to expand the
Hungary-Azerbaijan ties is satisfactory, favorable conditions are
being created for the development of ties between the businessmen
of the two countries.
During the business forum, businessmen held meetings, as well as
discussed issues of further cooperation.
MENAFN17022023000187011040ID1105593995
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.