The Azerbaijan State News Agency

ECONOMY

Azerbaijan-Korea Industrial Forum held in Baku

25.04.2012 [11:56]
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Baku, April 25 (AZERTAC). The Azerbaijan-Korea industrial forum co-organized by Korean Construction Equipment Manufacturers Association (KOKIA) and Azerbaijani Ministry of Industry and Energy took place in Baku, on Tuesday.

The event brought together officials of Korean Knowledge Economy Ministry, Azerbaijani National Confederation of Entrepreneurs (Employers`) Organizations (ASK) and KOKIA.

The prospects of industrial cooperation between the two countries were discussed at the forum. A development program of Azerbaijan`s industrial sector and Korean commerce and projects financing program were presented at the event.

Review of Azerbaijan State Oil Company`s oil and gas refining and petrochemical project was also presented here.

A memorandum of understanding was signed between the KOKIA and ASK as well as meetings between the representatives of Azerbaijani and Korean companies held within the forum.