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  • Created 06.02.2018 12:02
  • Updated 06.02.2018 14:52
  • Published 05.02.2018 17:55

The office of the Azerbaijani Trade Representative launched in China

 

On February 5 the office of the Azerbaijani Trade Representative embarked officially in Beijing, China.

The ceremony convened the Azerbaijani delegation led by the minister of economy Shahin Mustafayev and Chinese officials.

“Azerbaijan-China economic relations are developing, China is one of the main trade partners of our country, and in 2017 trade turnover between the two countries invigorated by 43% to 1.2 billion USA dollars. China is fourth in terms of trade turnover among Azerbaijan's trade partners, the 8th in export, and 3rd in imports. More than 100 companies with Chinese capital operate in Azerbaijan, and these companies are successfully participating in various projects. Our country is also successfully cooperating with the People's Republic of China in the field of investment. Three export missions to China were organized in 2016 and 201, Azerbaijani products were displayed under the "Made in Azerbaijan” brand in two exhibitions held in China. Azerbaijan will take part in three exhibitions to be held this year in China. So far, eight business forums have been held with participation of Azerbaijani and Chinese businessmen. The next business forum will be held on February 6 within the framework of the Azerbaijani delegation's visit to China. Negotiations are conducted to launch the "Azerbaijan Wine House" at Shanghai International Trade Operations Center. Furthermore, the potential for expanding Azerbaijani-Chinese economic relations is great,” the minister Shahin Mustafayev informed the participants. 

Then the participants got acquainted with the office of the Azerbaijan Trade Representative Office in China.

Note: In accordance with the Decree of the President of the Republic of Azerbaijan dated January 26, 2017 "On appointing trade representatives in the embassies and consulates of the Republic of Azerbaijan in foreign countries", Trade Representative of Azerbaijan in China was established last year and Teymur Nadiroglu was appointed Trade Representative of our country in the People's Republic of China.

In general, trade representatives of Azerbaijan on the Russian Federation, the United Arab Emirates and the Central European countries operate currently, along with the People's Republic of China.

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