INVESTMENT POSSIBILITIES OF THE CASPIAN REGION DISCUSSED IN SCOTLAND
Ambassador of Azerbaijan in Great Britain Fakhraddin Gurbanov took part in the action passed in the Scottish city of Aberdeen. The action was devoted to investment possibilities of the Caspian region.
The goal of the action organized by the Agency of Trade and Investments of Great Britain, the Society of England-Azerbaijan and the city administration of Aberdeen was to acquaint the Scottish companies with new investment possibilities of the Caspian countries, including Azerbaijan.
The action was attended by representative of the Agency of Trade and Investments of Great Britain Bob Griner, delegation of the Society of England-Azerbaijan led by the chairman Lord Fraser, and also the Mayor of Aberdeen, representatives of some of the companies which are carrying out activity in oil and gas and other spheres.
Ambassador F. Gurbanov has in detail informed on projects carried out in Azerbaijan in economic sphere. Having noticed that development of non-oil sector is now a priority problem, the diplomat told about global programs and the infrastructural projects carried out by the government of Azerbaijan in this direction. It was noticed that in last report of the World Bank “Doing Business” Azerbaijan has been specified as the state which has reached the greatest progress in improvement of business climate. Having touched upon economic relations between the Great Britain and Azerbaijan, Mr. Gurbanov has underlined that these relations steadily extend, Great Britain is one of leaders on volume of the foreign investments put in economy of Azerbaijan. Representative of the Agency of Trade and Investments of Great Britain of B. Griner and the chairman of the Society of England-Azerbaijan the Lord Fraser especially underlined the presence of favorable business climate in Azerbaijan, prompt economic development of the country in comparison with other countries of region.