Baku, Brussels expand trade, investment cooperation

Azerbaijan and Belgium have discussed expanding their collaborative efforts to strengthen trade and investment partnerships.

According to Azerbaijan Export and Investment Promotion Agency (AZPROMO), these discussions took place during a meeting with a Belgian delegation at AZPROMO, Caliber.Az reports via local media.

The Belgian delegation was led by Ambassador to Azerbaijan, Julien de Frepo, and the Chairman of the Belgian-Azerbaijani Chamber of Commerce, Stef Goris.

AZPROMO's Executive Director, Yusif Abdullayev, provided information on large-scale projects underway in Azerbaijan's liberated territories. He also explored the potential for Belgian companies to participate in these initiatives and highlighted Azerbaijan's export capabilities and opportunities for entering the Belgian market.

“We are eager to engage Belgian businesses in the development of these projects and open new pathways for trade,” Abdullayev stated.

In response, Ambassador de Frepo and Stef Goris underscored Belgium's commitment to fostering a conducive environment for Azerbaijani businesses. They highlighted various initiatives aimed at strengthening ties between entrepreneurs and encouraging investment.

“We are implementing a range of measures in Belgium to ensure favourable conditions for Azerbaijani businesses and to further encourage investment,” Ambassador de Frepo commented.

Both parties emphasized the importance of organizing mutual visits and business missions to deepen their cooperation.

"The success of our relationship relies on direct engagement and the continuation of dialogue," Goris added.

By Aghakazim Guliyev