KOBIA chief says new stage opening for development of Azerbaijan-Qatar economic ties

The Strategic Partnership Agreement signed between Al Baladi Holdings of Qatar and Green Capital Management, a company founded in the UAE with Azerbaijani investment, opens a new stage in the development of economic and business relations between the two countries, Chairman of the Management Board of the country's Small and Medium Business Development Agency (KOBIA) Orkhan Mammadov said at the "Qatar for the whole world" event held in Baku, Report informs.

According to Mammadov, this agreement, which covers the establishment of Qatari franchises in Azerbaijan, is an important step in terms of deepening economic relations between Azerbaijan and Qatar: "Strong political partnership has created a solid foundation for economic relations, which has facilitated progress towards common goals and prosperity."