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Baku Hosted the Czech – Azerbaijani Business Forum for the Seventh Time

This year’s meeting between Czech and Azerbaijani businessmen was organized on the occasion of the two-day (17th – 18th January 2017) official visit by the Czech minister of industry and trade Mr. Jan Mladek to Baku. The forum took place right on the first day and showed record breaking interest among the local companies. Actually more than 160 participants from both states had confirmed their presence on the Forum, which was prepared in close cooperation between the Czech Chamber of Trade and Industry for CIS Countries and the Azerbaijani export promotion agency Azpromo. The Czech Republic was represented by 17 companies belonging to various branches of economy with majority of firms having their active portfolio in energy, financial and engineering sectors.

Honor of opening the Business Forum went to Azerbaijan’s minister of economy Mr. Shahin Mustafayev, who accented the importance of Czech investments for the development of local economy. The Czech minister Jan Mladek continued in the similar manner and reaffirmed the strategic level of bilateral relations. Both ministers have also agreed that mutual trade turnover between the Czech Republic and Azerbaijan has real prospects to grow.