Today Baku received Azerbaijan-South Korean business forum in the business to business (b2b) format with presence of about 50 companies.
The business forum was arranged by Azerbaijan Export and Investment Promotion Foundation (AZPROMO). The companies, attending the business forum, produce glass products, heating systems, optical lenses, ABS door (interior doors made of plastic), construction materials, as well as work in the food industry, tourism, and so on.
“Azerbaijan demonstrates high rates of economic growth. This draws attention of South Korean companies.” said the representative of the Korean side
The Azerbaijani State Statistics Committee announced that the trade between Azerbaijan and South Korea in 2011 amounted $620.92 million, $176.7 million of which are imports of South Korean goods.
Recall that AZPROMO was established by the Azerbaijani government in 2003.