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Azerbaijan-Russia Businessmeeting was held

On September 12, a business meeting with participation of the representatives of the Trade Mission of Russian Federation to Azerbaijan and various Russian companies was held at Azerbaijan Export and Investment Promotion Foundation (AZPROMO). The President of AZPROMO informed the guests on favourable business and investment environment created in Azerbaijan, measures taken to develop the non-oil sector, state programs currently realized, mechanisms of state support to entrepreneurs, work fulfilled by AZPROMO in order to attract foreign investment into the non-oil sector of economy. The Deputy Chairman of the Russian Trade Mission to Azerbaijan Oleg Bikmansurov emphasized the successful development of Azerbaijani-Russian economic relations, dramatic increase of the trade turnover between the two countries, important contribution to trade cooperation development made by different events with participation of business circles,  the role of the 5th Azerbaijan-Russia Interregional Forum which was held in June this year in Gabala, in enlarging the ties connecting Azerbaijan with various regions of Russia. Oleg Bikmansurov mentioned the great potential remaining in both countries for enhancing economic cooperation even more. The Deputy Director of Sumgayit Chemical Industry Park Zaur Mammadov informed the guests on concession mechanisms and services created for potential investors in the park, while the Deputy Chairman of the Management Borad of “Tamiz Shahar” JSC Etibar Abbasov spoke about  the activities and projects realized by the company. Also, the representatives of the Azerbaijan Investment Company and the National Confederation of Entrepreneurs’ Organisations of Azerbaijan discussed cooperation opportunities with the Russian businessmen.