Baku hosts 7th meeting of Azerbaijan-Switzerland Joint Commission on Trade and Economic Cooperation

Baku, March 10, AZERTAC

The 7th meeting of the Joint Commission on Trade and Economic Cooperation between the Government of the Republic of Azerbaijan and Federal Council of Swiss Confederation has today kicked off in Baku.

In his remarks, Azerbaijani Minister of Economy Shahin Mustafayev highlighted the successful development of political and economic cooperation between the two countries.

"Last year trade between the two countries fell due to a decline in crude oil prices. In January this year, trade between Azerbaijan and Switzerland grew two times, while the non-oil trade increased by 38 percent," he said.

He said there were 65 Swiss companies in Azerbaijan.

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