By Azernews

By Laman Ismayilova

The Azerbaijan-Monaco Business Forum will be held in Baku on November 7.

The forum will be attended by entrepreneurs from a wide range of fields, including food industry, tourism, logistics, transportation, as well as banking and insurance sectors, AZPROMO reported 

Diplomatic relations between Azerbaijan and Monaco were established in 2007.

The trade turnover between Azerbaijan and Monaco reached $41,970 in January-September 2016, which entirely accounted for the import of goods from Monaco. 

AZPROMO is a joint public-private-initiative, established by the Ministry of Economy and Industry of Azerbaijan in 2003 with the aim to contribute to the economic development through attracting foreign investments.