Axar.az
UP
19 August 2017


German companies invested $400M in Azerbaijan

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Samir Veliyev, head of administration at the Azerbaijani Economy Ministry stated that German companies in Azerbaijan has invested more than $400 million in the country’s economy.

Veliyev made the remarks Nov. 23 during an international forum in Baku.

Currently, 169 German companies operate in Azerbaijan, and some of them are contractors in governmental projects, he said.

“Relations between Azerbaijan and Germany are at a high level and it concerns both political and economic relations,” noted Veliyev adding that 70 documents were signed between the two countries. “The technical and financial cooperation at the governmental level should also be noted: as part of technical cooperation the German government has allocated 56 million euros to Azerbaijan, and as part of financial cooperation the German bank KfW has provided 240 million euros to our country,” he added.

Veliyev also mentioned that, Germany carries great importance for Azerbaijan and is the fourth country in Azerbaijan's major trade partners.

Date
2016.11.24 / 13:12
Author
Axar.az
Comments
Загрузка...
See also

SOFAZ announces revenues from ACG

Oil prices have changed

Exchange rates of Central Bank of Azerbaijan

Exchange rates for today

Oil prices have changed

Exchange rates for today

Oil prices have changed

Exchange rates for today

Oil prices have changed

LUKOIL and SOCAR can jointly invest in Turkish companies

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla