Arab businessmen ready to invest in Azerbaijan

Arab businessmen ready to invest in Azerbaijan

The first Azerbaijani-Arab investment and business forum will be held in Baku on May 1-3, 2018, a source in business circles said.

The forum will be organized by the Association for Cooperation of Azerbaijan and Arab Countries.

The event is expected to be attended by about 300 biggest entrepreneurs and investors from Arab countries. However, the investment forum between Azerbaijan and the Arab countries is aimed not only at attracting additional investments to the country, but it will also help establish healthy relations between Azerbaijani and Arab businessmen, Trend reported.

According to Azerbaijan’s State Customs Committee, trade turnover with Arab countries amounted to $324.53 million in 2017, where the export of Azerbaijani goods accounted for $259.72 million.