The Azerbaijani National Confederation of Organizations of
Entrepreneurs (Employers) (ASK) and the Serbian Chamber of Commerce
and Industry have signed an agreement on mutual understanding and
cooperation, Azernews reports.
The purpose of the agreement is to expand the prospects for
cooperation with business circles operating in Serbia and increase
the export-import potential of business entities and investments in
both countries.
In keeping with the agreement, it is planned to conduct joint
business missions of the ASK and the Chamber of Commerce,
exhibitions and business forums, and joint implementation of
projects, as well as the study of best practices through the
exchange of information and specialists.
“In order to increase the export and investment potential of our
country, as well as expand economic ties in accordance with the
ASK’s priorities for external relations, we continue to expand
cooperation with business support organizations existing in other
countries,” the ASK said in a report on the website.
Azerbaijan and Serbia cooperate in a variety of economic
sectors. The Azerbaijan-Serbia Declaration on Strategic
Partnership, signed in 2013, and the Joint Action Plan on Strategic
Partnership, signed in 2018, laid the groundwork for developing
relations.
The trade turnover between Azerbaijan and Serbia amounted to
$10.3 million in January-November 2022.
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