Azerbaijan, Saudi Arabia endorse investment deal
BAKU – Azerbaijan and Saudi Arabia on Wednesday signed a document to exchange papers confirming their ratification of the 2005 agreement on the promotion of investments.
The protocol was signed in Baku by Azerbaijani Deputy Foreign Minister Khalaf Khalafov and Saudi Ambassador Fahd bin Ali al-Dusari, Azerbaijan’s Foreign Ministry said.
The parties expect the agreement to facilitate the development of investment projects.
The agreement, signed in March 2005 during Azerbaijani President Ilham Aliyev’s official visit to Saudi Arabia, will go into force on May 20, 2011.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!