AZERBAIJAN`S ECONOMIC POTENTIAL PRESENTED IN VIENNA

Vienna, May 13 (AZERTAC). A meeting to explore economic and investment potential of South Caucasus nations was organized Tuesday here by the Austrian Federal Economic Chamber.

Opening the event, regional manager for CIS countries of the Austrian Economic Chamber Heinz Walter said Austrian companies become increasingly interested in starting businesses in the South Caucasus countries. Austrian firms seek to invest in agriculture, construction and alternative energy sources.

Speaking at the event, representative of the Azerbaijan`s Ministry of Economic Development Zaur Gasimov told of Azerbaijan`s investment opportunities, macroeconomic stability in the country, state programs to develop regions. According to Gasimov, favorable investment climate exists in Azerbaijan.

Gasimov and councilor of Azerbaijani embassy Shamil Alasgarov answered questions of Austrian companies` representatives.

The main goal of the meeting was to attract local companies to join the Austria economic mission, which is going to visit South Caucasus countries in June