BAKU, Azerbaijan, October 31. The
establishment of the Azerbaijan-UK Business Council has been
announced during an event titled “Azerbaijan’s sovereign credit
rating and economic prospects: unlocking the regional potential of
the Caucasus and Central Asia” held at the Azerbaijani Embassy,
Trend reports via
the embassy.
The council aims to strengthen trade and economic ties between
the two countries, support interaction between business circles,
develop bilateral trade, exchange experience and knowledge, protect
the interests of business communities, and expand cultural
ties.
Azerbaijani Ambassador Elin Suleymanov noted in his speech that
the achievements made are the result of far-sighted and wise
political, economic, and social reforms carried out under the
leadership of President Ilham Aliyev.
He emphasized that the initialing of the draft peace agreement
between Azerbaijan and Armenia and the normalization process opens
new opportunities not only for the two countries but also for the
entire South Caucasus and Central Asia region.
According to him, this establishes a framework for optimizing
the operational efficiency of regional trade and transport
corridors, facilitating the scalability of energy and logistics
initiatives, alongside enhancing economic collaboration and
attracting investment influx.
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