Baku, Azerbaijan, May 3. Opportunities for
increasing mutual investments were discussed during a meeting
between Azerbaijan’s Minister of Economy Mikayil Jabbarov and the
UAE’s Minister of Investment, Managing Director and CEO of Abu
Dhabi Development Holding Company Mohamed Hassan Alsuwaidi,
Trend reports via
the nation’s Ministry of Economy.
During the meeting, the friendship and brotherhood relations
between the two countries were also emphasized, and the expanding
economic and trade partnership was noted.
The significance of the UAE’s investments in Azerbaijan’s
renewable energy sector was highlighted.
It was mentioned that Azerbaijan’s favorable business
environment, strategic geographical location, rich resources, and
the rapid development of the non-oil sector create attractive
opportunities for investors.
Effectively utilizing these opportunities to promote investment
relations and expand partnerships among business entities was
underscored as being of great importance.
Additionally, the parties discussed strengthening economic
integration between the two countries and establishing new
cooperation ties.
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