Azerbaijan Invites Slovak Companies To Develop Business In Karabakh, Eastern Zangezur
Date
9/25/2024 8:07:21 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 25. Azerbaijan has
invited Slovak companies to develop business in Karabakh and
Eastern Zangezur, the country's Deputy Minister of Economy Anar
Akhundov said at the Azerbaijani-Slovakian business forum in Baku
today, Trend
reports.
He noted that relations between Azerbaijan and Slovakia are
developing rapidly.
The deputy minister reminded that contacts at the government and
business levels have intensified since 2023.
"In particular, Slovakia has shown interest in the STRING gas
pipeline initiative, and negotiations with SOCAR are ongoing
regarding potential cooperation, considering that Azerbaijan will
double its gas exports by 2027," he added.
Other promising sectors include energy, ICT, electronics
manufacturing, the automotive industry, and technology, Akhundov
highlighted.
According to him, Slovakia may also be interested in the
development of the Middle Corridor, as it facilitates efficient
trade operations between Europe and Asia.
Speaking about Azerbaijan's favorable investment environment,
Akhundov mentioned that the country is keen to attract high-tech
European companies to its industrial parks and zones.
He also emphasized the importance of Slovakia's participation in
COP29, particularly at the business level.
"There is a Declaration on Strategic Cooperation and a number of
other documents in force between our countries. The prospects for
our cooperation promise success," the deputy minister added.
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