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Baku hosts first Azeri-Belgium business forum

24 November 2009 07:40 (UTC+04:00)
Baku hosts first Azeri-Belgium business forum
An Azeri-Belgian business forum was held for the first time in Baku on Monday. The event was attended by 15 Belgian and about 40 Azeri entrepreneurs.
Samir Valiyev, the head of the Azerbaijan Economic Development Ministry’s office, said Belgium is mainly represented by companies engaged in the fields of agriculture, industries, transport, and consulting services.
Valiyev said Azeri-Belgian relations were developing. He said that, despite the world economic crisis, bilateral trade turnover increased 46% to $66 million in January-September in comparison with the same period of 2008.
Emin Eyyubov, the Azeri ambassador to Belgium, informed the foreign businessmen that tourism, industries and agriculture are the priority sectors for the fast-growing South Caucasus republic and are attractive for channeling investment.
Philip Jotard, Belgian Ambassador in Baku, voiced confidence that cooperation between the two countries will continue to expand.
"As for which sector in Azerbaijan investment could be made in, this will be up to investors. Businessmen working in seven fields are represented at the current business forum. Investments could go to agriculture, industries, construction and other sectors. But the final say is up to the businessmen."*

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