BAKU, Azerbaijan, January 26. The volume of
mutual investments between Azerbaijan and Israel amounts to
approximately $600 million, the country's Minister of Economy
Mikayil Jabbarov said at the Azerbaijan-Israel Business Forum in
Baku, Trend
reports.
“Our cooperation is supported by agreements on the promotion and
mutual protection of investments, as well as on the avoidance of
double taxation, which form a solid legal basis for expanding
business ties. Currently, 130 commercial structures with Israeli
capital are operating in Azerbaijan,” he said.
The minister noted that the two countries have built a strong
and pragmatic partnership that has yielded tangible results in a
wide range of sectors.
