BNE Invest in Azerbaijan
Contents: Top story 3 bne:Invest in Azerbaijan PASHA Bank 6 Interview 7 Feature 9 Sector 12 Economics & finance 14 Chart 18 News in brief 19 October 2015 Follow us on twitter.com/bizneweurope www.bne.eu AZPROMO is the main partner of the bne:Invest in Azerbaijan newsletter. www.azpromo.az Russia and Azerbaijan boost commercial ties through series of bilateral events The Azerbaijan Export and Investment Promotion significant boost for bilateral ties between the two Foundation (AZPROMO), in collaboration with countries. the Ministry of Economy and Industry, organised an Azerbaijan-Russia business meeting at its The gathering brought together 50 Russian and headquarters in Baku on October 2. Together Azerbaijani representatives of companies active with the 6th edition of the Russia-Azerbaijan in industry, agriculture, logistics, construction Interregional Business Forum, which took place in and pharmaceuticals, in an effort to diversify Yekaterinburg on September 30, the event was a bilateral investment away from oil and gas. Azerbaijan Export & Investment Promotion Foundation bne:Invest in Azerbaijan October 2015 Page 2 Energy accounts for over 90% of Russia's $1.8bn ways to forge new partnerships. And while aggregate investment in Azerbaijan, according AZPROMO and its Russian counterpart signed to Rufat Mammadov, president of AZPROMO. an agreement to foster trade and investment, "Another $200mn represent investments in private companies from regions like Dagestan, non-oil sectors, and we are currently working Tatarstan, Stavropol Krai, Astrakhan, Svedlovsk intensively to diversify our economic relations, Oblast, Chelyabinsk Oblast, Russia and St which is a priority for both sides," Mammadov told Petersburg sought tangible ways to grow their the audience present at the meeting.
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