Azerbaijan to ink agreement with UNIDO

The document will be undersigned by Carlos Magarinos, the UNIDO General Director and Farhad Aliyev, the Azerbaijani Minister for Economic Development.

The frame agreement cooperation between UNIDO and Azerbaijan in 2005-2010 includes four items: the establishment of net production, study and improvement of investment climate, development of projects in small and medium-scale business and standards and quality from the prism of World Trade organization (WTO) requirements.

"It is a frame agreement and does not include exact amount of financing," Mammadzada noted.