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Baku hosts int’l industry conference

26 November 2014 15:24 (UTC+04:00)
Baku hosts int’l industry conference

By Amina Nazarli

The international conference entitled "Industrialization in the 21st century: main trends of industrial policy, a modern approach and practices" kicked off in Baku on November 26.

Addressing the event, Azerbaijani Economy and Industry Minister Shahin Mustafayev said the conference will discuss new approaches in modern industrial policy.

He noted industry was the main priority of the Azerbaijani economy, adding 2014 was declared a year of industry by President Ilham Aliyev.

Li Yong, Director General of the United Nations Industrial Development Organization (UNIDO) attended the event via video message.

“The Baku Industry Conference is a significant platform for holding discussions of modern approaches in the world industry,” Li Yong said.

Yong hailed the Azerbaijani government’s policy to develop industry.

He expressed his confidence that the Framework Programme on Cooperation between the Government of the Azerbaijani Republic and UNIDO will contribute to ensuring the sustainable development of Azerbaijani industry and Azerbaijan-2020 development concept.

UNIDO Director of Business, Investment and Technology Services Mohamed Lamine Dhaoui said he believes the conference will yield fruitful results.

As part of the event Azerbaijan and the UN Industrial Development Organization (UNIDO) have signed a Framework Programme on Cooperation for 2014-2018. The document was inked by Shahin Mustafayev and Mohamed-Lamine Dhaoui.

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