Azerbaijani-Slovak Business Forum Commences in Baku, Fostering Bilateral Economic Ties
Baku, The Gulf Observer: The Azerbaijani-Slovak Business Forum commenced in Baku, heralding a new chapter in the burgeoning economic relations between the two nations, as reported by Azerbaijani media outlets.
Graced by the esteemed presence of Mikayil Jabbarov, Minister of Economy of Azerbaijan, and Denisa Sakova, Deputy Prime Minister and Minister of Economy of Slovakia, the forum serves as a pivotal platform for fostering dialogue and collaboration between business entities from both countries.
In her address during the Azerbaijani-Slovak business forum, Minister Denisa Sakova underscored the rapid advancement of bilateral relations, particularly in the realm of economic cooperation. Expressing appreciation for the swift pace of development in bilateral ties, Minister Sakova emphasized the dynamic nature of the relationship between Azerbaijan and Slovakia.
Highlighting Slovakia’s keen interest in Azerbaijan’s economic trajectory, Minister Sakova reiterated the country’s steadfast commitment to bolstering trade and investment links with Azerbaijan. She acknowledged Azerbaijan’s strategic significance as a regional trading partner, noting the pivotal role it plays in fostering economic growth and stability in the region.
Of notable significance, Minister Sakova highlighted recent milestones in bilateral cooperation, including the entry into force of a double taxation agreement in early April. Moreover, she revealed that negotiations on an investment protection agreement are in the final stages of preparation, underscoring Slovakia’s unwavering commitment to deepening economic ties with Azerbaijan.
The Azerbaijani-Slovak Business Forum serves as a testament to the mutual desire of both nations to capitalize on opportunities for economic collaboration and prosperity. As discussions continue to unfold, stakeholders from Azerbaijan and Slovakia are poised to explore avenues for enhancing trade, investment, and commercial partnerships, thereby fortifying the foundation for sustained economic growth and prosperity for both nations.
The forum stands as a reaffirmation of the enduring friendship and mutual respect shared between Azerbaijan and Slovakia, as they chart a course towards greater economic integration and cooperation in the years ahead.
