Azernews.Az

By Sara Israfilbayova

Baku will host an exhibition of Japanese food products for the first time, said Kazuyasu Ishida, the general manager of the Cross Border Club.

Ishida announced about the presentation scheduled for October 27-28 while addressing a workshop for Japanese businessmen in Komatsu, Japan's Ishikawa prefecture.

He highlighted close cooperation between Komatsu and Baku, mentioning that direct cargo flights were launched between the two cities.

“Increasing export and import operations between the two countries can strongly influence the intensity of those flights. For this purpose, a first exhibition of Japanese food products will be held in Baku. The event will showcase Japanese food products, drinks, cosmetics and many other products, which will be delivered by direct flights from Komatsu,” Ishida said.

The two-day exhibition will showcase about 500 high-quality Japanese products in 80 stands.

The two countries will discuss mutual economic cooperation during a visit of nearly 150 Japanese businessmen.

Diplomatic relations between Azerbaijan and Japan were established in 1992. A number of important projects are being implemented in Azerbaijan through the financial support of Japan, while very important infrastructure projects had already been commissioned in the country through Japanese government`s loans.

Japan was one of the first countries to support Azerbaijan's forward-looking oil strategy. Today two major Japanese companies Itochu and Impex are involved in the Contract of the Century [signed on September 20, 1994 in Baku, a large-scale international contract on the joint development of three oil fields - Azeri, Chirag, Gunashli in the Azerbaijani Sector of the Caspian Sea].

Leaders of Japanese business, Mitsubishi, Mitsui, Marubeni, and Sojits are involved in energy and infrastructure projects in the country.

The trade turnover between Azerbaijan and Japan amounted to $558.97 million in 2015, according to the Azerbaijan's State Customs Committee.

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