TODAY.AZ / Business

Korea to help Azerbaijan create free economic zone

01 September 2006 [10:13] - TODAY.AZ
The issue on creation of free economic zones was also discussed between Azerbaijani officials and Southern Korean delegation visiting Baku.

As APA reports, Deputy Economic Development minister, Niyazi Safarov, underlined that Korean lesson on this field would be of great importance for Azerbaijan.

"Korean officials promised that they are ready to help us create free economic zones."

He also said that participation of the Korea in the establishment of electric government and information technologies development was focused on at the meeting held in Communications and Information Technologies Ministry.

The Korean party expressed willingness to allocate $30 mn-long-term and preferential credit to the project.


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