Azerbaijan, Denmark explore deeper cooperation in non-oil sectors

Baku and Copenhagen are seeking to expand bilateral cooperation in key non-oil sectors, including renewable energy, agriculture, and mechanical engineering, following high-level talks between economic officials from both countries.

Yusif Abdullayev, Executive Director of the Azerbaijan Export and Investment Promotion Agency (AZPROMO), met with Kaare Stamer Andreasen, Financial Director of Denmark’s Export and Investment Fund, to discuss potential avenues for collaboration, Caliber.Az reports.

During the meeting, Abdullayev outlined the agency’s role in fostering export growth and supporting local entrepreneurs through the "single window" framework. He also highlighted key mechanisms designed to promote Azerbaijani products abroad, including the state-supported "Made in Azerbaijan" brand and a new logistics subsidy scheme that is currently awaiting official approval.

“Azerbaijan is ramping up investment in renewable energy, creating ample opportunities for Danish companies to engage in green energy and other non-oil sectors,” Abdullayev said, noting the government’s strategic focus on diversifying the national economy.

Andreasen welcomed Azerbaijan’s proactive stance in stimulating non-oil trade and praised its efforts in sectors such as food and agriculture, mechanical engineering, and renewable energy—particularly wind energy, an area where Denmark has global expertise.

He also introduced a range of financial instruments offered by the Danish Export and Investment Fund to support Azerbaijani enterprises. Andreasen emphasized the fund’s readiness to engage with both private companies and state institutions in Azerbaijan to foster long-term, sustainable partnerships.

By Vafa Guliyeva