ECONOMY


“EU invests $20 billion in Azerbaijan`s fixed assets in 10 years”

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Baku, May 18 AZERTAC

The EU countries have invested $20 billion in Azerbaijan's fixed assets for the last 10 years, said the country`s Minister of Economy Shahin Mustafayev.

Mr. Mustafayev said the EU was the main foreign trade partner of Azerbaijan. “The EU countries made direct investments worth $2.7 billion in Azerbaijan's non-oil sector, that is 35 percent of the total volume of direct investments in this sector of the country,” he said.

The Minister also added the Southern Gas Corridor was one the main infrastructure projects of EU.

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