Azerbaijan, Kazakhstan keen on boosting economic ties
AKTAU – A business forum will be held in Aktau on December 9-10 to expand economic ties between Azerbaijan and Kazakhstan, the Azerbaijani Consulate General in Aktau said on Wednesday.
The forum will host an exhibition of Azerbaijani products based on a protocol signed after a recent Azerbaijan-Kazakhstan intergovernmental economic cooperation commission meeting.
Several documents are expected to be signed during the forum. A memorandum of cooperation will be signed between the State Oil Company of the Azerbaijan Republic (SOCAR) and Mangistaumunaigaz to improve environmental situation, as well as to clean areas that have been contaminated by oil development, production and transportation. Additionally, a memorandum of cooperation will be signed between the Kazakh and Azerbaijani tourism associations.
A protocol of intent will likely be signed between Kaspiy Operating and Sky Catering to build a factory to produce semi-finished products. A protocol of intent is also planned between Kaspiy Operating and the Azerbaijani Association of Business Investment on the allocation of land for Azerbaijani investors to build industrial enterprises in the Aktau free economic zone.
The forum will be held under the auspices of the Azerbaijani Consulate General, Azerbaijani the Association of Business Investment in Kazakhstan, the Kazakh Economic Development Ministry and the Azerbaijan Export and Investment Promotion Fund.
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