BAKU, Azerbaijan, September
24. Azerbaijan participated in the 4th meeting of
the Economic Cooperation Organization (ECO) industry ministers,
held in Dushanbe, the capital of Tajikistan.
This was announced in a statement published by the Ministry of
Economy.
According to the information, Deputy Minister of Economy Sahib
Alakbarov attended the meeting.
Speaking at the event, Alakbarov said that Azerbaijan attaches
great importance to developing cooperation with the ECO and
strengthening economic ties among member states. He emphasized that
there is significant potential for expanding economic cooperation
within the framework of the ECO.
The event provided information regarding Azerbaijan's industrial
and investment potential, as well as the measures taken to support
business and entrepreneurial activities in the country. Measures
taken regarding the development of competitive and export-oriented
production, the operations of industrial zones and the support
mechanisms applied in this sector, as well as digitalization and
human capital development, were highlighted.
At the meeting, attended by heads of relevant government
agencies from member countries, views were exchanged on
strengthening regional industrial cooperation, investment,
transport and logistics, and trade linkages. The "Dushanbe
Declaration on revitalizing regional industrial cooperation" was
adopted at the meeting.
ECO was established in 1964. Azerbaijan has been a member of the
organization since 1992. The organization, which has 10 members,
was established with the aim of ensuring the sustainable economic
development of member states, liberalizing the economy and trade,
and promoting intra-regional trade.
