Baku hosts 2nd Azerbaijan-Sweden Forum
Baku, November 24 (AZERTAC). The 2nd Azerbaijan-Sweden Forum was held in the residence of Baku Nobel Heritage Fund (BNHF) on Wednesday.
The discussions focused on investment environments in both countries and business opportunities as part of the forum.
Addressing the forum, president of Baku Nobel Heritage Fund Togrul Bagirov expressed his satisfaction on the organization of the event in Villa Petrolea, built in 1884.
“Villa Petrolea was a residence for Nobel brothers for almost 50 years. In 1879 they established the Brothers Nobel Oil Company - "Branobel", which very soon became one of the biggest oil companies in the world and the only vertically integrated. BNHF was established in 2004 as a civil initiative to restore the Nobel brothers` heritage in Baku. Villa Petrolea is now home to the Nobel Brothers` Museum, International Conference Centre and Baku Nobel Oil Club,” Togrul Bagirov said.
Head of the Swedish delegation, deputy minister of the Foreign Affairs Frank Belfrage said that the dynamic development of economy, business and financial environment of Azerbaijan are very useful for Swedish companies.
“Azerbaijan is a partnership country of the European Union in the protection of general values, guarantee of stability and security, as well as creation of suitable business and investment conditions,” he added.
Deputy Minister of Industry and Energy of Azerbaijan Gulmammad Javadov informed on economic reforms carrying out in Azerbaijan and progress archived in the creation of advantageous business environment in the country.
FEEDBACK
Other news in this section
- 11.06.2026 [19:20]
OPEC again lowers 2026 global oil demand growth forecast
- 11.06.2026 [17:46]
® Azercell supports first local stage of RobotChallenge competition
- 11.06.2026 [17:16]
17 wagons of diesel fuel sent from Azerbaijan to Armenia
From Edi Rama, Prime Minister of the Republic of Albania
- 11.06.2026 [20:10]
From Adama Barrow, President of the Republic of the Gambia
- 11.06.2026 [20:09]
Top stories update
- 11.06.2026 [20:00]
Trump says his 'preference' is to take Iran's Kharg Island
- 11.06.2026 [19:53]
Japanese media highlights Azerbaijan’s strategic importance
- 11.06.2026 [19:49]
OPEC again lowers 2026 global oil demand growth forecast
- 11.06.2026 [19:20]
® Azercell supports first local stage of RobotChallenge competition
- 11.06.2026 [17:46]
Volkan Yilmaz: Türkiye-Azerbaijan brotherhood is of great importance to us
- 11.06.2026 [17:44]
17 wagons of diesel fuel sent from Azerbaijan to Armenia
- 11.06.2026 [17:16]
Pashinyan voices hope for early implementation of TRIPP project
- 11.06.2026 [16:36]
National Liberation Day commemorated at Baku Engineering University
- 11.06.2026 [16:22]
Azerbaijan, Romania explore cultural cooperation
- 11.06.2026 [16:12]
Leaves reveal hidden trail of ‘forever chemicals,’ study finds
- 11.06.2026 [16:10]
Iran hands over 408 inmates to Afghanistan
- 11.06.2026 [15:52]
We must support Kyiv, keep up pressure on Russia says Meloni
- 11.06.2026 [15:45]
Uzbekistan studies Germany’s dual education experience
- 11.06.2026 [15:42]
Greek ambassador to Azerbaijan visits ASAN Khidmet center
- 11.06.2026 [15:14]
Ulaanbaatar hosts 15th Asian Tourism Forum
- 11.06.2026 [15:00]
Kyrgyzstan and Switzerland to expand cooperation in organic agriculture
- 11.06.2026 [14:41]
From Haji Hassanal Bolkiah, Sultan of Brunei Darussalam
- 11.06.2026 [14:36]
China launches new communication technology test satellite
- 11.06.2026 [14:07]
GDP in Nakhchivan rises by 2.2 percent
- 11.06.2026 [13:39]
Azerbaijani companies can compete globally, says deputy minister
- 11.06.2026 [13:36]
Measles cases in Bulgaria Reach 364, including 300 children
- 11.06.2026 [12:52]
BTA and CEM organize National Debate on future of regional news
- 11.06.2026 [12:32]
Guterres warns of risk of new full-scale war in Gulf region
- 11.06.2026 [12:24]
Refugee numbers drop for first time in a decade, but millions remain trapped
- 11.06.2026 [12:14]
Earthquake strikes Armenia, tremors felt in Nakhchivan
- 11.06.2026 [12:05]
Fire breaks out on tanker off Omani coast, UKMTO says
- 11.06.2026 [12:04]
Top stories update
- 11.06.2026 [12:00]
Azerbaijan and Austria hold first consular consultations in Baku
- 11.06.2026 [11:50]
475 tick bite cases recorded in Kazakhstan's Shymkent
- 11.06.2026 [11:42]
10th China-South Asia Expo opens in SW China to facilitate regional trade
- 11.06.2026 [11:09]
5.3-million-year-old whale graveyard hotspot found in Indian Ocean
- 11.06.2026 [10:53]
Chinese researchers treat rare disease via new RNA editing technology
- 11.06.2026 [10:50]
Uganda goes five days without new Ebola case
- 11.06.2026 [10:45]
Azerbaijan’s Minister of Defense extends condolences to Pakistani side
- 11.06.2026 [10:27]
Kuwait reopens airspace, airport returns to normal operations
- 11.06.2026 [10:26]
Blast in China's Guangxi kills seven, injures 17
- 11.06.2026 [10:26]
Azerbaijan’s rich cultural heritage showcased at Silk Road – 2026 festival
- 10.06.2026 [20:06]
Top stories update
- 10.06.2026 [20:00]
U.S. Embassy delegation tours Azerbaijan Sports Academy
- 10.06.2026 [19:42]
President of Serbia receives Azerbaijan’s Minister of Defense
- 10.06.2026 [18:53]
Washington hosts Trans Caspian Forum 2026
- 10.06.2026 [18:40]
® Baku hosts “Force of Love” 2026 Summer Festival
- 10.06.2026 [18:16]
Speaker Sahiba Gafarova meets with Indonesian Ambassador to Azerbaijan
- 10.06.2026 [18:15]
From Bajram Begaj, President of the Republic of Albania
- 10.06.2026 [18:14]
German ambassador commends progress in Azerbaijan–Armenia peace process
- 10.06.2026 [18:01]
Official reception in Rabat marks Azerbaijan’s Independence Day
- 10.06.2026 [17:51]
Azerbaijan, UK hold talks on draft Convention to eliminate double taxation
- 10.06.2026 [17:42]
Azerbaijan, UK explore prospects for demining cooperation
- 10.06.2026 [17:24]