(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 21. The first
meeting of the Azerbaijan-Saudi Arabia Business Council will be
held in the coming months, Chairman of the Management Board of
Azerbaijan's Small and Medium Business Development Agency (SMBDA)
Orkhan Mammadov wrote on his social media account, trend reports.
The publication says that the process of establishing the
Council between Azerbaijan and Saudi Arabia is still going on.
'As co-chairs, Ahmed Dakheel and I discussed the upcoming
agenda, membership, events, and joint initiatives within the
Council,' Mammadov said.
Azerbaijan and Saudi Arabia established diplomatic relations on
February 24, 1992. The two countries successfully cooperate in
various economic sectors and have fruitful cooperation at
international organizations, particularly the Organization of the
Islamic Cooperation and the OPEC+.
On January 13, a groundbreaking ceremony for the 240 MW
Khizi-Absheron wind farm, which will be built by Saudi Arabia's
ACWA Power, was held. The plant is expected to save around 220
million cubic meters of natural gas and reduce carbon emissions by
over 400,000 tons per year upon completion.
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