ECONOMY


AZPROMO, China Council for Promotion of International Trade sign MoU

Baku, August 1, AZERTAC

Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has signed a Memorandum of Understanding with China Council for the Promotion of International Trade (CCPIT). The memorandum provides for the development of trade, economic and investment relations between the two countries as well as promotion of export and exchange of experience.

Addressing the signing ceremony, AZPROMO chief Rufat Mammadov provided an insight into business opportunities in Azerbaijan and favourable conditions for foreign investors. He emphasized the potential for exporting local products to China and cooperating in the spheres of investments, transit and logistics. Mammadov underlined that China is one of the main trade partners of Azerbaijan. He also highlighted Azerbaijan`s export mission dispatched to China last November.

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