Azerbaijan urges Belarus to use industrial parks for cooperation

Azerbaijan’s Deputy Prime Minister Samir Sharifov has called on Belarus to make use of Azerbaijan’s industrial park potential and free zones at the Belarus–Azerbaijan business forum.

He said Azerbaijan is keen to expand cooperation with Belarus in industrial development, including the creation of joint ventures and the localisation of production, Caliber.Az reports, citing local media.

Sharifov invited Belarusian businesses to take a closer look at the favourable conditions for operating in the Azerbaijani market.

“In our view, the geographic diversification of Belarus"s export destinations could be a very promising direction for our joint economic and trade cooperation,” he noted.

He further stated that several joint projects are already being implemented between the two countries in sectors such as machinery production, agricultural and municipal equipment, special-purpose machinery, elevator manufacturing, and agro-industrial complex development.

“We are also working on certain projects in the pharmaceutical sector. Azerbaijan is interested in developing industrial cooperation, establishing joint ventures in our country, and localizing production,” he added.

According to him, there is also strong potential for expanding into third-country markets.

“Promising areas also include the production of pharmaceutical products, as well as cooperation in creating agricultural complexes based on Belarusian technologies and experience,” he concluded.

By Bakhtiyar Abbasov