Baku hosts Azerbaijan-Malaysia business forum
The event brought together representatives from the companies specializing in the fields of construction, banking, food industry, consulting, healthcare, education, oil and gas.
Addressing the event, Deputy Minister of International Trade and Industry of Malaysia Datuk Hamim Samuri stressed the importance of the forum in terms of development of business relations between the two countries.
Azerbaijani Minister of Economy and Industry Shahin Mustafayev stressed the role of reciprocal visits in expanding relations, adding the official visit of the Malaysian Premier would contribute to developing cooperation between the two countries. He said relations between Azerbaijan and Malaysia had been developing successfully.
He noted that the high-level political relations opened wide opportunities for the expansion of the economic cooperation.
The Minister said there was ample potential for further development of the economic ties.
“The expansion of relations between the two countries` businessmen will pave the way for developing Azerbaijan-Malaysia economic cooperation.”
The Minister also provided an insight into Azerbaijan`s economy, as well as the country`s investment and export opportunities and large-scale regional projects.
Mustafayev said political and macroeconomic stability was ensured in Azerbaijan, adding the country was the political, economic and cultural centre of the Southern Caucasus.
He noted that Azerbaijan was a reliable partner in ensuring the energy security of Europe.
Addressing the forum, Malaysian PM Mohammad Najib Tun Abdul Razak praised Azerbaijan`s achievements. The Premier said there were wide opportunities for developing economic relations between the two countries. The Malaysian PM said the business forum would contribute to enhancing these ties.
Speaking about the economy of Malaysia, as well as prospects for relations between the two countries, Mohammad Najib Tun Abdul Razak said there were ample opportunities for boosting cooperation in various fields of economy and increasing the bilateral trade.
The Prime Minister also underlined the importance of cooperation in the fields of culture and education.
The event also saw speeches by President and Group Chief Executive Officer of SapuraKencana Petroleum Berhad Tan Sri Dato' Seri Shahril bin Shamsuddin and Head of Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Rufat Mammadov.
During the forum, the two countries` businessmen discussed prospects for economic ties.
Malaysian businessmen expressed their keenness to boost relations with Azerbaijani counterparts.
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