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Azerbaijan ready to open trading house in UAE: minister

22 April 2017 10:01 (UTC+04:00)
Azerbaijan ready to open trading house in UAE: minister

By Trend

Azerbaijan is ready to open a trading house in the UAE and appoint a trade representative there, Azerbaijani Economy Minister Shahin Mustafayev said.

He made the remarks at the 6th meeting of the Azerbaijan-UAE intergovernmental commission for trade, economic and technical cooperation in Dubai, reads a message of Azerbaijan’s Economy Ministry.

Speaking about trade relations between the two countries, Mustafayev noted that Azerbaijan can supply a number of agricultural products to the UAE – hazelnuts, tomatoes, persimmons, apples, sour and sweet cherries, cucumbers, tobacco, chocolate, grapes and others – as well as industrial products – aluminum plates, pipes and other goods.

He said Azerbaijan and the UAE successfully cooperate in agriculture, ICT, trade, investment, education and other areas.

Mustafayev noted that there is great potential to develop cooperation effectively using the existing opportunities.

In turn, UAE Economy Minister Sultan bin Saeed Al Mansoori supported the idea of exporting Azerbaijani products to his country and noted that he would also support the opening of Azerbaijan’s trading house in the UAE and the appointment of a trade representative.

The minister added that the UAE attaches special importance to cooperation with Azerbaijan.

After the meeting, the two sides signed a protocol that provides for expansion of cooperation in communications and high technologies, alternative energy, industry, culture, tourism, transportation, trade, investments, agriculture, environment and other areas.

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