Switzerland–Azerbaijan Business Forum Held

The development of Azerbaijan–Switzerland economic dialogue and the expansion of trade and investment relations were discussed.

The Switzerland–Azerbaijan Business Forum was held as part of the working visit of Minister of Economy Mikayil Jabbarov to the Swiss Confederation.

Alongside government officials from both countries, the event was attended by representatives of companies operating in energy, transport and logistics, construction, mechanical engineering, metallurgy, food, tourism, healthcare, telecommunications, consulting, finance, chemicals, pharmaceuticals, and other sectors.

Addressing the forum, Minister of Economy Mikayil Jabbarov spoke about the dynamics of Azerbaijan–Switzerland economic cooperation and noted that trade and mutual investment are among the key areas of bilateral economic relations. The Minister highlighted Azerbaijan’s favorable business and investment environment, strategic geographical location, transport and logistics capabilities, and its growing role within the Middle Corridor. He noted that the free economic and industrial zones operating in the country, as well as its green energy potential, create new opportunities for cooperation for investors, including Swiss companies.

The importance of the Second Azerbaijan International Investment Forum, to be held in Baku on September 25–26 this year under the patronage of President of the Republic of Azerbaijan Ilham Aliyev, in establishing new partnerships and attracting investment was highlighted.

In her remarks, Andrea Rauber Saxer, Representative of the Swiss Confederation’s Federal Council for Trade Agreements and Head of the Bilateral Economic Relations Division at the State Secretariat for Economic Affairs, emphasized the importance of advancing Azerbaijan–Switzerland economic dialogue, expanding trade and investment relations, and increasing direct contacts between the business communities of the two countries.

Within the framework of the forum, global trends in the Fourth Industrial Revolution, innovation ecosystems, and investment promotion were reviewed. Presentations by Azerbaijani and Swiss companies were delivered, followed by an exchange of views on investment priorities, opportunities to access global markets, and models of cooperation.