BAKU, Azerbaijan, October 7. The economic
cooperation agreement between Azerbaijan and the UAE is expected to
be ratified by the end of the year, Sanan Nasibli, representative
of the Dubai Chamber of Commerce in Azerbaijan, said at the seminar
“Development of the Textile Sector and Promotion of Global
Integration”, Trend reports.
Nasibli noted that the UAE has tied the knot on comprehensive
economic cooperation agreements with 27 countries.
“Azerbaijan is among them. Nine of these agreements have already
been ratified. The agreement with Azerbaijan is expected to be
ratified by the end of this year. This also gives impetus to the
more dynamic and expanded cooperation between our countries,” he
added.
The Dubai Chamber of Commerce in Azerbaijan is the inaugural
overseas office of the non-profit organization, created to enhance
economic relations, enable Azerbaijani enterprises to access the
UAE’s economic possibilities, and serve as a conduit for
Dubai-based companies to enter Azerbaijan’s markets. The office
serves as a representation and support center, promoting bilateral
economic connections and facilitating trade and investment
opportunities between the two nations.
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