Baku, October 26, AZERTAC
As part of his working visit to the UK, Azerbaijan’s Minister of Economy Mikayil Jabbarov met with Varun Chandra, the Prime Minister’s Chief Adviser on Business, Investment and Trade.
The sides discussed the development of economic relations between Azerbaijan and the UK in line with their strategic partnership, the promotion of mutual investments, and opportunities to expand cooperation in the non-oil and gas sector.
The meeting also featured an exchange of views on prospects for joint initiatives in industry, energy, trade, financial services and investment, as well as on the involvement of British companies and institutional investors in projects in Azerbaijan.
The officials emphasized the importance of strengthening direct ties between the business communities of the two countries and leveraging British expertise, technologies and financial resources to implement new investment projects.
Mikayil Jabbarov subsequently met with Dame Julia Hoggett, CEO of the London Stock Exchange.
The parties discussed prospects for cooperation in capital markets, expanding Azerbaijani companies’ access to international financial resources, and developing links between the two countries’ capital markets.
During the visit, Mikayil Jabbarov also held meetings with representatives of Hinduja Group, Gulf Oil International Limited, AirAsia and JPMorgan Chase.
The discussions covered cooperation in investment, energy, industry and aviation, the financing of trade and infrastructure projects, and opportunities to expand Azerbaijani companies’ access to international financial resources.