Baku. 1 June. REPORT.AZ/ We do not only want to be a transit point but a logistical, manufacturing and trade center for Chinese companies, which is our ultimate goal.
Report informs, Envoy and Trade Representative of the Azerbaijan Embassy in Beijing Teymur Nadiroghlu said in an interview with Global Times newspaper.
According to him, there are 113 Chinese companies such as Huawei, ZTE and China Southern Airlines that have branches in Azerbaijan and conduct business in telecommunications, oil, agriculture and other services.
In 2017, the bilateral trade between China and Azerbaijan was $1.29 billion, reaching an all-time high.
T. Nadiroghlu said that, this dramatic growth shows strong dynamics in bilateral trade. At this point, we receive more goods from China than we export. We see that there is a great potential for growth and we are looking forward to boosting our exports to China.
Speaking about China’s “One Belt One Road” initiative Nadiroghlu said it creates an abundance of opportunities for all countries alongside the ancient
Nadiroghlu also talked about introduction of many attractive incentives by government of Azerbaijan for foreign investors.