Azerbaijan Endorses Memorandum Of Understanding With UAE
Date
2/22/2023 9:19:56 AM
(MENAFN- AzerNews) Azerbaijani President Ilham Aliyev has endorsed 'the Memorandum
of Understanding on Cooperation between the government of the
Republic of Azerbaijan and the Government of the United Arab
Emirates on the Exchange of Government Practices'.
Under the decree, the memorandum in question was signed in Baku
on November 28, 2022.
Today, Azerbaijan's cooperation with Arab countries has entered
a new stage of development. The UAE is one of Azerbaijan's main
partners in the Arab world. Over the last 30 years after the
diplomatic relations were established between the two countries,
Azerbaijan and the UAE have been rapidly developing their
cooperation in various fields and aspects.
The Joint Intergovernmental Commission on Economic, Trade, and
Technical Cooperation between the Government of the Republic of
Azerbaijan and the Government of the United Arab Emirates serves to
strengthen this cooperation. The final protocol signed at the end
of the eighth meeting provides for strengthening cooperation in the
fields of bilateral economic relations, investment, trade, green
energy, agriculture, food safety, innovation, logistics, tourism,
healthcare, science, and also provides for the expansion of
business relations between the two countries and partnerships
between small and medium-sized enterprises, as well as the creation
of Business Council and working groups on mutual investment
promotion.
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