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Azerbaijan-Uzbekistan Investment Fund Office To Open In Baku - Minister
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 20. An office of the
Azerbaijan-Uzbekistan Investment Fund will be opened in Baku in the
near future, Azerbaijani Minister of Economy Mikayil Jabbarov said
during the III Azerbaijan-Uzbekistan Interregional Forum in Baku,
Trend reports.
The minister indicated that at present, the governance of the
fund, with an initial capitalization of $500 million, is situated
in Tashkent.
In his assessment, leveraging the proactive engagement of
entrepreneurs, particularly those present at the forum, is
anticipated to facilitate the most expedient and efficacious
allocation of the aforementioned capital.
Jabbarov also recalled the creation of the Trade Mission of Azerbaijan in Uzbekistan, which will become a key tool for promoting exports, developing investment cooperation, establishing direct business ties between entrepreneurs of the two countries, and implementing joint cooperation projects in the region.
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