Azerbaijan, South Korea discuss possibilities of cooperation in investments, trade, agriculture
    PHOTO

    ECONOMICS  07 June 2023 - 18:23

    Azerbaijani Deputy Digital Development and Transport Minister Samir Mammadov and Korean Deputy Trade, Industry and Energy Minister Jong Dae-jin discussed possibilities of cooperation in the spheres of mutual investments, industry, trade, agriculture, energy, education, healthcare, culture and tourism.

    The discussion took place during the third meeting of the joint Azerbaijan-South Korea intergovernmental commission on economic cooperation held in Seoul on June 7, Report informs.

    During the meeting, the sides signed a protocol.

    The Korean minister noted that Azerbaijan and South Korea are friendly countries. According to him, the last year was 30 years since the establishment of diplomatic relations between the two countries.

    Furthermore, Mammadov stressed that Azerbaijan is South Korea's biggest trade partner in South Caucasus.

    The deputy minister talked about measures to simplify cargo transportation via the Middle Corridor and noted that the implementation of the Zangazur Corridor project will promote stability and development in the region, and strengthen transit potential.

    The commission was established on the basis of the "Agreement on economic cooperation between Azerbaijan and South Korea" signed on August 28, 2012, in Baku.

    Diplomatic relations between Azerbaijan and South Korea became more intensive after the establishment of the Embassy of South Korea in Azerbaijan in 2006 and the Embassy of Azerbaijan in Korea in 2007.


    Caliber.Az

    Subscribe to our Telegram channel


Read also

Azerbaijan, Czech Republic sign MoC on space sphere

25 June 2024 - 17:52

Baku to host international forum on environmental sustainability

25 June 2024 - 13:12

Azerbaijan, Turkmenistan strengthen railway, freight ties During Ashgabat meeting / PHOTO

25 June 2024 - 12:00

Minister: Italian companies actively engage in restoration of Azerbaijan's liberated lands

25 June 2024 - 10:24

Azerbaijan's AZAL wins Skytrax 2024 award for Best Regional Airline in Central Asia and CIS

24 June 2024 - 20:33

Azerbaijan's Central Bank, World Bank discuss new partnership strategy

24 June 2024 - 17:33
ADVERTS
Video
Latest news

    Estonian prime minister to become Europe's top diplomat

    25 June 2024 - 18:16

    Turkish FM contrasts BRICS, G7 in terms of scope and objectives

    25 June 2024 - 18:04

    Azerbaijan, Czech Republic sign MoC on space sphere

    25 June 2024 - 17:52

    Strategic impasse in Armenian-Azerbaijani peace process

    Tensions highlight need for a peace deal

    25 June 2024 - 17:40

    ICC issues arrest warrants for ex-Russian defence minister, military chief

    25 June 2024 - 17:28

    Georgia’s pro-EU parties unite in bid to oust government

    25 June 2024 - 17:16

    Russian deputy PM: Armenia's EU aspirations incompatible with EAEU membership

    25 June 2024 - 17:04

    US probing China Telecom, China Mobile over internet, cloud risks

    25 June 2024 - 16:52

    Unusual details emerge in pro-Armenian US senator's bribery trial

    "Weird" planning for Egypt, Qatar trip

    25 June 2024 - 16:49

    France’s election threatening Western alliances and European unity

    Caliber.Az on YouTube

    25 June 2024 - 16:40

    Baku-Yerevan peace impossible without changing Armenian constitution

    Russian expert analyses

    25 June 2024 - 16:28

    Turkish FM warns Southern Cyprus against involvement in Gaza ops

    25 June 2024 - 16:16

    France could trigger the next euro crisis

    Opinion by Financial Times

    25 June 2024 - 16:04

    Head of Dagestan says foreign forces behind terror attacks in Makhachkala, Derbent

    25 June 2024 - 15:52

    Meeting Gallant, Blinken calls for "avoiding further escalation" on Lebanon border

    25 June 2024 - 15:40

    Azerbaijan's Zangilan hosts COP29 discussions on global green initiatives

    PHOTO

    25 June 2024 - 15:28

    "The West wants to turn Georgia into its vassal"

    Expert insights on Caliber.Az

    25 June 2024 - 15:16

    ICESCO chief: Youth Forum in Shusha - step towards peace between nations

    25 June 2024 - 15:04

    Azerbaijani minister meets Turkish Gendarmerie Air Force chief to bolster strategic alliance

    25 June 2024 - 14:52

    Hungary refuses to block Ukraine's EU accession  

    25 June 2024 - 14:36

    Azerbaijan embraces carbon credits  

    A new era in climate action

    25 June 2024 - 14:20

    Israeli airstrikes kill Hamas chief's sister in Gaza attack

    25 June 2024 - 14:00

    Macron warns of "civil war" if far left or far right wins

    25 June 2024 - 13:48

    EU seeks to insulate itself from Viktor Orbán’s vetoes

    25 June 2024 - 13:36

    Türkiye detains over 1,400 illegal migrants across six provinces

    Operation Kalkan-24 / VIDEO

    25 June 2024 - 13:24

    Baku to host international forum on environmental sustainability

    25 June 2024 - 13:12

    Azerbaijani NGOs discuss predatory mining in Armenia

    PHOTO

    25 June 2024 - 13:00

    Azerbaijan lifts visa requirements for two additional countries

    25 June 2024 - 12:48

    Why does Russia want to recognize the Taliban government?

    Graveyard of empires

    25 June 2024 - 12:36

    In anticipation of climate finance breakthrough in Azerbaijan

    COP29 president in an interview with Forbes

    25 June 2024 - 12:24

    Media: Macron's silence grows on Ukraine issue amid French political changes

    25 June 2024 - 12:12

    Azerbaijan, Turkmenistan strengthen railway, freight ties

    During Ashgabat meeting / PHOTO

    25 June 2024 - 12:00

    Parliament speaker: Azerbaijani army among strongest armies of world

    25 June 2024 - 11:48

    Hungary's controversial EU presidency

    Orbán's puzzle for Europe

    25 June 2024 - 11:36

    Trump campaign fundraising email says he was "tortured" in jail

    25 June 2024 - 11:24

    ICRC staff visit detained Karabakh separatists

    25 June 2024 - 11:12

    Denmark, Norway forge stronger military ties in Arctic defence cooperation

    25 June 2024 - 11:00

    Media: Hamas leaders to move to Iraq due to US pressure

    25 June 2024 - 10:48

    US to send $150 million in munitions to Ukraine amid escalating tensions with Russia

    25 June 2024 - 10:36

    Minister: Italian companies actively engage in restoration of Azerbaijan's liberated lands

    25 June 2024 - 10:24

All news