Samir Sharifov: We can create additional competition for French companies

15:43 - 29.07.2019


July 29, Fineko/abc.az. Finance Minister Samir Sharifov met with a delegation led by Bruno Le Maire, the Minister of Economy & Finance of France.

The Ministry of Finance informs that during the meeting Sharifov underlined that Azerbaijan is the main trade partner of France in the South Caucasus region.

"We’re interested in further development and multilateral cooperation with French companies. Through direct investments, production sectors can be created in Azerbaijan on the basis of French licenses, experience and scientific ideas. French companies, using the opportunities to promote Azerbaijan, can transfer French production to Azerbaijan, carry out profitable sales of goods and services to the countries of the region. Thus, we can create additional competitive opportunities for French companies," he said.

In turn, the French minister noted that Azerbaijan has created favorable conditions for French companies: "France is interested in increasing cooperation with Azerbaijan to a new stage. Including France wants to expand cooperation within the framework of oil and gas projects in Azerbaijan."

He also stressed that French companies are interested in cooperation in the sphere of development of alternative and renewable energy sources, transport sector, finance, ecology, etc. In connection with the environmental rehabilitation of old, unusable oil and gas fields in Azerbaijan, France has developed a project that can be implemented.

 

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