Founder Of Israel-Azerbaijan Chamber Of Commerce Predicts Growth In Bilateral Trade
Date
2/19/2023 3:05:58 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 19. Trade turnover
between Azerbaijan and Israel is expected to grow this year, the
Founder of the Israel-Azerbaijan Chamber of Commerce and Industry
(IACCI) Alex Kaplun told trend .
According to Kaplun, relations between the countries will only
improve and government projects will only expand.
'As for the trade turnover between entrepreneurs, here we are
talking about an indicator within one billion USD. We see great
growth potential in the field of private trade,' he said. 'We
already see how Israeli-Azerbaijani companies work together,
implement joint projects in the agricultural sector. In the next
three years the trade turnover can increase.'
Besides, according to the IACCI founder, agreements are already
being signed between Azerbaijan and Israel.
From January through November 2022, the trade turnover between
Azerbaijan and Israel amounted to $7 billion.
The IACCI is the most effective partner for both Israeli and
Azerbaijani business people, SMEs and large corporations who seek
to enter or expand their activities in both countries. In 2013, in
Tel Aviv a meeting of the chamber founders was held, where Alex
Kaplun was unanimously elected the president and the chairman of
the Board of Directors of the Chamber.
The organization hold close ties with the Israeli Export
Institute, еhe Israeli Manufacturers association, the Chamber of
Commerce Federation as well as Governmental ministries and Israel
embassy in Baku.
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