(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 7. Cooperation betweenAzerbaijan and Slovakia is strengthening, Azerbaijan's Minister ofEconomy Mikayil Jabbarov said at the Azerbaijan-Slovakia businessforum held in Baku, Trend reports.
“Improving our bilateral relations has been a top priority forboth of us in the past few years. With the signing of elevendocuments, our legal framework has grown. Of special mention is the'Agreement on Economic Cooperation between the Government of theRepublic of Azerbaijan and the Government of the Slovak Republic'that was inked in October 2021. The energy, construction,transportation, logistics, investment promotion, mining, tourism,small and medium-sized businesses, companies, and agriculturalsectors are all encompassed in this agreement. Our economicalliance now has a solid groundwork,” he noted.
The Azerbaijani minister emphasized the signing of a DoubleTaxation Avoidance Agreement in 2023, slated to take effect onJanuary 1, 2025. This agreement is anticipated to enhance thebusiness environment between the two nations.
“We are also currently considering the Joint Declaration onStrategic Partnership between our countries,” he added.
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