Niyazi Safarov: Chinese investors invested more than $800 million in Azerbaijan’s economy

Niyazi Safarov: Chinese investors invested more than $800 million in Azerbaijan’s economy Chinese investors invested more than $800 million in Azerbaijan’s economy, Deputy Minister of Economy Niyazi Mustafayev said at the trade and cooperation forum held between Chinese city of Xian and Azerbaijan in Baku.
Business
July 5, 2019 17:40
Niyazi Safarov: Chinese investors invested more than $800 million in Azerbaijan’s economy

Chinese investors invested more than $800 million in Azerbaijan’s economy, Deputy Minister of Economy Niyazi Mustafayev said at the trade and cooperation forum held between Chinese city of Xian and Azerbaijan in Baku.

According to him, Azerbaijan invested $1.7 billion in Chinese economy either: ‘199 Chinese companies operate in Azerbaijan in trade, finance, industry, agriculture, construction and service’.

‘The trade turnover between Azerbaijan and China is $1.1 billion in the first five months of 2019, up 2.6% from previous year. The trade turnover in 2018 amounted to $1.3 billion’. 

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