Azerbaijan-Germany economic ties strengthened in talks on investment, energy projects Photo

Minister of Economy Mikayil Jabbarov held a meeting with representatives of the German business community currently in Azerbaijan.

During the meeting, participants were briefed on the favourable investment environment in Azerbaijan for international partners, Caliber.Az reports per Ministry of Economy of Azerbaijan.

The discussion highlighted the steady growth of the non-oil economy and exports, attributed to the country's ongoing economic reforms. 

The macroeconomic stability and the development of human capital in Azerbaijan were also emphasised as key factors expanding the country's economic opportunities. 

The successful track record of cooperation with German companies was noted as a driving force behind the development of bilateral relations across various sectors of the economy.

Further discussions focused on projects aimed at advancing renewable energy in Azerbaijan, with particular mention of the partnership between the European Union and Azerbaijan in the energy sector.

The meeting concluded with an exchange of views on promoting mutual investments and potential joint projects in the near future.

By Aghakazim Guliyev