Volume Of Trade Turnover Between Azerbaijan And Egypt Increases In 1H2023
Date
7/26/2023 2:18:08 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 26. The volume of trade
turnover between Azerbaijan and Egypt increased by 10 percent from
January through June 2023 compared to the same period last year,
Minister of Digital Development and transport of Azerbaijan Rashad
Nabiyev said at an event dedicated to the Independence Day of
Egypt, trend reports.
He also said that at the next meeting of the Joint
Azerbaijan-Egypt Intergovernmental Commission, which will be held
in 2024, the expansion of trade and investment opportunities
between the countries will be discussed.
According to him, the agenda will also include issues of
cooperation in the fields of agriculture, education, culture,
energy and healthcare.
"We'll continue to further explore the potential for expanding
cooperation between our countries in the field of Information and
Communications Technology (ICT)," the minister said.
Besides, Nabiyev noted that Azerbaijan continues negotiations
with Egyptian companies on the possibility of entering the
Azerbaijani market.
"An Azerbaijani-Egyptian business forum was organized with the
participation of business representatives of the two countries last
year. Such initiatives strengthen economic cooperation between our
countries," the minister added.
Diplomatic relations between the two countries were established
on March 27, 1992. The Egyptian Embassy in Baku has been
functioning since April 1993, and the Azerbaijani Embassy in Cairo
since January 1994.
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