2024-05-21 09:10:42
Within the territories of Azerbaijan liberated from occupation, joint work with Uzbekistan is deliberate within the area of textiles. On the preliminary stage, it’s anticipated to open greater than 400 new jobs.
As Day.Az reported on Tuesday with regards to Pattern, Azerbaijani Minister of Financial system Mikail Jabbarov stated this through the II Azerbaijan-Uzbekistan Interregional Discussion board in Guba.
“Turning to a different precedence space of our financial ties – funding cooperation, I want to notice the Azerbaijan-Uzbekistan Funding Firm established at first of final 12 months with a licensed capital of 500 million US {dollars},” he emphasised.
The Minister of Financial system talked about that the actions of the Azerbaijan-Uzbekistan Funding Firm are designed to stimulate mutual funding, commerce and financial partnership basically, contributing to the additional strengthening of financial ties.
“Our partnership with Uzbekistan is multilateral in nature and covers all kinds of financial sectors,” added Mikail Jabbarov.
He additionally said that there was important progress between the international locations in conventional areas, equivalent to cotton rising and sericulture, and work is being carried out within the Imishli area of Azerbaijan to create a joint cotton cluster.
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