Baku to host Azerbaijani-Spanish business forum

By AzerNews

Azerbaijani-Spanish business forum is planned to be held in Baku.

This was announced at a press-conference dedicated to the visit of a delegation of Spanish parliamentarians to Azerbaijan last week.

"Azerbaijan is interested in development of relations with Spain," head of the working group on Azerbaijan-Spanish inter-parliamentary relations, MP Fazail Agamali said. "We would also like to create a permanent group of friendship with Azerbaijan in the Spanish Parliament."

He added that the visit of the members of the parliamentary friendship group to Spain is soon expected.

Head of the Spanish delegation Jose Maria Chikio, in turn said there are possibilities for comprehensive development of relations between Spain and Azerbaijan.

"We have opportunities for cooperation in many areas. We are also interested in attracting entrepreneurs from Spain to Azerbaijan. During the meetings, we proposed to hold a business forum in Baku in summer."

Earlier, the delegation of Spanish parliamentarians met with Azerbaijan's Foreign Minister Elmar Mammadyarov and Deputy Chairman of the Azerbaijani Parliament Ziyafat Asgarov. The meetings discussed possible ways to boost bilateral relations between the two countries.

Spain recognized Azerbaijan's independence in December 1991. Diplomatic relations were established in February 1992.

The trade turnover between the two countries amounted to about $158.4 million in 2012.

Azerbaijan's embassy in Spain has initiated the establishment of a joint chamber of commerce with aims to increase the trade turnover between the two countries, to attract Spanish companies to Azerbaijan, take Azerbaijani goods to the Spanish market, to organize mutual business forums, trade and investment missions, and to organize other events to promote bilateral cooperation.