ECONOMY
Azerbaijan, Saudi Arabia sign agreement on establishment of Joint Azerbaijan-Saudi Business Council
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Baku, December 19, AZERTAC
An agreement on the establishment of the Joint Azerbaijan-Saudi Business Council has been signed between Azerbaijan’s Small and Medium Business Development Agency (KOBIA) and the Federation of Saudi Chambers.
The document was inked by Chairman of Board of Azerbaijan’s Small and Medium Business Development Agency Orkhan Mammadov and Chairman of Saudi-Azerbaijan Business Council Ahmed Aldakheel on the sidelines of the 7th meeting of the Joint Commission on Cooperation between the Government of the Republic of Azerbaijan and the Government of the Kingdom of Saudi Arabia in the fields of economy, trade, investment, technology, culture, sports, and youth.
The Joint Business Council, which includes the representatives of both countries, will support the initiatives of entrepreneurs, establish direct partnership relations with both countries’ businessmen, organize mutual visits, roundtables, seminars, as well as maintain exchange of information between business circles of both countries.