Azerbaijan-Bulgaria business forum due in Baku
By Laman Ismayilova
An Azerbaijan-Bulgaria business forum will be held in Baku on September 29.
The event will be attended by more than 35 Bulgarian companies operating in the spheres of agriculture, food industry, metallurgy, engineering, transportation, machinery, cosmetics, energy, as well as other sectors of industry, Azertac reported.
The cooperation opportunities between the two countries will be discussed during the talks between the two governments within the framework of the next meeting of the Azerbaijani-Bulgarian intergovernmental commission on trade-economic and scientific-technical cooperation in Baku.
The top issues to be discussed during the meeting include exchange of opinions on strengthening of cooperation between the two countries, implementation of joint projects, expansion of commercial-economic ties and consideration of perspectives for cooperation in the spheres of energy, transport, culture and other priority areas.
The Azerbaijani-Bulgarian intergovernmental commission on trade-economic and scientific-technical cooperation was established in 1995.
The trade turnover between the two countries amounted to $16.5 million in January-July 2016 compared to $6.6 million in the same period of 2015, according to the Azerbaijani State Customs Committee. Such a growth has been achieved through an increase in import operations by 2.5 times.
The diplomatic relations between the two countries were established in June, 1992. The embassy of Bulgaria in Azerbaijan was opened in December 1999.
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