ECONOMY
ESTONIA-AZERBAIJAN BUSINESS FORUM HELD IN TALLINN
Estonia-Azerbaijan Business Forum organized by Azerbaijan’s Ministry for Economic Development and Azerbaijan Investments and Export Promotion Foundation (AZPROMO) took place Wednesday in the capital Tallinn.
The event brought together officials and seven companies engaged in agriculture, banking, and industry areas.
Director General of Estonia’s Chamber of Commerce and Industry Siim Ray and Minister of Economic Affairs and Communication Juhan Parts gave detailed information about the current economic situation of the country.
Azerbaijani Minister for Economic Development Heydar Babayev told of Azerbaijan-Estonia economic cooperation, while head of AZPROMO Emil Majidov about fruitful milieu for Estonian investments in Azerbaijan.
Later, Azerbaijan’s Ineks LTD and Estonia’s Krimelte signed memorandum of cooperation, Azerbaijan Investment Company and Estonian `Gild bankers` and `Estonian Caspian Group` also signed memorandum on establishment of Azerbaijan Investment Foundation.