EU-Azerbaijan business forum scheduled for June
By Laman Ismayilova
An EU-Azerbaijan business forum will be held in Baku on June 8.
The opportunities of developing the EU-Azerbaijan business cooperation are expected to be discussed at the forum, a source in the EU Delegation in Baku told Trend on April 17.
The EU is Azerbaijan ́s biggest economic partner representing 44% of its total trade and providing the largest share of foreign direct investment to Azerbaijan.
The Union has repeatedly voiced support to Azerbaijan in its reform efforts, and aims at increasing networking and contacts between companies that will increase trade and economic activity even further.
The EU has 28 Member States with a total population of more than 500 million people and is hence, after China and India, the most populous region in the world.
With its single market, the European Union is the biggest economic actor in the world, with an annual GDP of around 14 trillion euros, and 20 % of global trade. It is worldwide – by far - the main source of FDI inflow and outflow to the rest of the world.
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