Azerbaijan, China expanding export and investment opportunities

The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and the China Council for the Promotion of International Trade (CCPIT) signed a memorandum of understanding, AZPROMO said in a message posted on its website.

The memorandum was signed during the meeting of representatives of AZPROMO and CCPIT in Baku.

The memorandum stipulates expanding joint export and investment opportunities between Azerbaijan and China, as well as exchanging experience in the export and foreign investment promotion.

Trade turnover between the two countries amounted to 272.55 million manats in the first half of 2016, while the export of Azerbaijani goods to China accounted for 14.66 million manats, according to the State Customs Committee of Azerbaijan.

Source: Trend News Agency