Economy Ministry: $233.5 bn invested in economy of Azerbaijan


Baku is hosting conference "International Investment Policies: Forward".

The Ministry of Economy reports that the event was attended by representatives of 11 countries and different organizations and has been organized with the support of the United Nations Conference on Trade & Development (UNCTAD).

"Political and economic stability, improvement of procedures for organization of business, worthy protection of rights of investors, and favorable geographical location of Azerbaijan made the country attractive to investors. Since 1995 the Azerbaijani economy has been invested $233.5 bn, including $111 bn of foreign investments," Deputy Economy Minister Sahil Babayev said at the conference.