Azerbaijan And Serbia Discussed Expanding Economic And Investment Cooperation

Minister of Finance of Azerbaijan Sahil Babayev held a number of bilateral meetings within the framework of the IX meeting of the Intergovernmental Commission on Trade and Economic Cooperation between Azerbaijan and Serbia. The press service of the Ministry of Finance of Azerbaijan reported this on Thursday, October 23.

During a meeting with the Deputy Prime Minister of the Republic of Serbia and the Minister of Economy Adriana Mesarovic, issues of expanding investment cooperation and deepening mutual trade between the two countries were discussed.

Babayev drew attention to the prospects for further development of economic cooperation and especially noted the opportunities for active participation of Azerbaijani and Serbian companies in joint projects in the fields of trade, services, agriculture, transport and tourism.

In turn, Adriana Mesarovic emphasized the importance of expanding economic cooperation between Azerbaijan and Serbia, developing business and trade opportunities of the two countries, as well as implementing direct flights.

In addition, Babaev held a meeting with the First Deputy Prime Minister of the Republic of Serbia and Minister of Finance Sinisa Malim. At the meeting, the current state of bilateral economic cooperation and the potential opportunities for the participation of Azerbaijani and Serbian companies in joint projects were reviewed.

At the same time, prospects for the development of cooperation between the ministries of finance of the two countries, including the exchange of experience, were discussed. Following the meeting, an agreement was reached to take appropriate measures to sign a Memorandum of Understanding in this area.