ECONOMY
BAKU HOSTS CONFERENCE ON BUSINESS AND INVESTMENT OPPORTUNITIES IN AZERBAIJAN AND OTHER CIS COUNTRIES
Baku, June 21 (AZERTAC). The Islamic Corporation for the Development of the private sector, with support of Azerbaijan`s Econonimc Development Ministry and AZPROMO, organized here Monday a conference on business and investment opportunities in Azerbaijan and other CIS countries.
The event, held as part of the 35th annual meeting of the IDB, brought together officials from Azerbaijan and CIS countries and more than 300 local and foreign businessmen.
Opening the conference, Azerbaijan`s economic development minister Shahin Mustafayev stressed the importance of the event in terms of conducting discussions on expansion of cooperation among IDB`s members states.
The minister highlighted the ongoing economic development process in the country. He noted Azerbaijan was a favorable country for investors, adding international organizations praise this fact in their relevant reports. He also underlined the care of President Ilham Aliyev for development of entrepreneurship in the country.
President of the Islamic Development Bank Ahmed Mohammed Ali stressed the importance of the conference.
He said Muslim countries must use existing opportunities to strengthen cooperation.
He noted the conference also provides a forum for development of cooperation between IDB and CIS` Muslim countries even more.
Several agreements were signed during the conference which also featured presentations.
The event will end tomorrow.
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