Azerbaijan, Czech Republic Explore Ways To Develop Economic Co-Op
(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 6. Azerbaijan and the
Czech Republic discussed the business environment, benefits and
privileges applied in industrial zones, as well as localization of
the vehicle production and spare parts for them in Azerbaijan,
cooperation, and other issues, trend reports via the Azerbaijani Ministry of
Economy.
The discussions took place as part of a visit of the Azerbaijani
delegation led by Deputy Economy Minister Sahib Mammadov to the
Czech Republic.
During the visit, representatives of the Ministry of
Agriculture, the State tourism Agency, AZPROMO, the Small and
Medium Business Development Agency of Azerbaijan, the Center for
Analysis and Coordination of the Fourth Industrial Revolution, the
Azerbaijan Amelioration and Water Management OJSC, and“Azersu”
OJSC also held productive meetings on bilateral partnership with
the Czech agencies.
In addition, the fifth meeting of the Joint Commission on
Economic, Scientific, Technical and Cultural cooperation between
the Government of the Republic of Azerbaijan and the Government of
the Czech Republic was held in the frame of the visit.
The meeting participants emphasized the importance of expanding
economic ties in various areas, and the Joint Commission's role in
it.
The officials addressed issues of trade, investment, industry,
finance, transport, energy, agriculture, food security, 'Smart
City' and 'Smart Village' projects, innovation, technology,
tourism, air transport, land planning, standardization, etc.
Czech companies were invited to partake in Karabakh projects, in
the Aghdam Industrial Parks and the Araz Valley Economic Zone, as
well as to cooperate in the Baku International Sea Trade Port and
the Alat Free Economic Zone.
According to the State Customs Committee of Azerbaijan, the
trade turnover between the country and the Czech Republic amounted
to $88.937 million in January 2023.
MENAFN06032023000187011040ID1105713248
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.