ECONOMY


Azerbaijan, UAE discuss agricultural cooperation prospects

Baku, September 29, AZERTAC

Azerbaijan and the United Arab Emirates have explored prospects for agricultural cooperation as Minister of Agriculture Heydar Asadov met with a delegation of Dubai-based MBM Group. They discussed opportunities for attracting UAE investment in Azerbaijan`s agriculture.

The minister hailed the development of political and economic relations between two countries. He also emphasized “wide” potential for cooperation in the agricultural sector. “Azerbaijan has 9 out 11 climatic zones. There is a favourable investment environment in the country, which also has great export potential.” Asadov also highlighted President Ilham Aliyev`s attention to agriculture.

They discussed the creation of agricultural parks, pesticides production enterprises, logistics centres for keeping and trading the livestock products, export of Azerbaijan-made agricultural products to the UAE and other countries.

MBM Group Corporate Affairs Director Federico Carvellini expressed the company`s keenness to cooperate with Azerbaijan, pointing to the country`s strategic location between Asia and Europe, its development and the leadership`s attention to agriculture.

He reaffirmed MBM Group`s interest in providing technical and financial assistance for the development of agriculture in Azerbaijan.

Carvellini said that MBM Group will submit a proposal to the Ministry of Agriculture with the aim of investing in restructuring the infrastructure of Azerbaijan`s agriculture and creating agricultural parks in the country.

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