EU countries invested in non-oil sector of Azerbaijan аbout 3 bln USD

Baku. 8 June. REPORT.AZ/ "Strategic partnership agreement" is being developed between Azerbaijan and the European Commission. The European Union (EU) has already empowered the European Commission to hold talks.

Report informs, Economy Minister Shahin Mustafayev said addressing the European Union-Azerbaijan business forum.

According to him, in the last 10 years, investments by the EU countries in Azerbaijan have made 46% of total investments: "About 3 bln USD invested in non-oil sector, which means 35% of the total investment portfolio".

The minister also said that 93% of works on "Shah Deniz" project has already been completed: "72% of works completed on the South Caucasus Pipeline Expansion, over 70% on TANAP project and 42% on TAP".