Azerbaijan’s Economy Minister Shahin Mustafayev has invited Kazakh entrepreneurs to become residents of agricultural and industrial parks, Azerbaijan’s Economy Ministry said in a message Dec. 8.
Mustafayev made the proposal at a meeting with Kazakh Energy Minister Kanat Bozumbayev in Baku.
Azerbaijan’s economy minister said that there are great opportunities for cooperation between the two countries in the fields of transport, transit and cargo transportation. Both countries could also expand ties between their ports, he added.
The minister noted that the existing potential of trade cooperation between Azerbaijan and Kazakhstan exceeds the current figure a lot. For today, there are more than 70 companies with Kazakh capital in Azerbaijan, and over 800 companies with Azerbaijani capital in Kazakhstan, Mustafayev added.
His Kazakh colleague, minister Kanat Bozumbayev, agreed that there is great potential for the development of trade relations.
At the same time, he noted the possibility of cooperation in the spheres of transit, cargo transportation, investments and agriculture, and stressed the importance of organizing a meeting in the engineering sphere among businessmen of both countries.
Follow us on Twitter @AzerNewsAz