Azerbaijan ready to study Cuba's investment potential

Azerbaijan ready to study Cuba's investment potential
28.09.2010 19:01

Azerbaijan and Cuba consider the possibilities for cooperation in the
field of medicine, agriculture, tourism, Deputy Economic Development
Minister Niyazi Safarov said at a business meeting with the Cuban
delegation in Baku.

"Cuba is greatly interested in Azerbaijan. The Cuban delegation visited
Azerbaijan several times. The purpose of this delegation's visit is to
get information about Azerbaijan, familiarize with the sectors,
including agriculture, medicine and tourism development and exchange
views, " deputy minister said.

Safarov said that it is planned to get acquainted with investment
opportunities in Cuba's economy, which may be interesting for
Azerbaijani entrepreneurs.

Deputy minister said that two countries have great potential to expand ties.

The head of the Cuban delegation, deputy minister of external trade and
foreign investment Oscar Peres-Oliva Fraga said that Cuba and Azerbaijan
can cooperate on mutually beneficial conditions in many areas. First of
all, cooperation is possible in the field of medicine, namely biotech
programs to reduce the number of cases in which Cuba has made great success.

"We will discuss cooperation in the field of oil and gas, as well as
other sectors after the meeting with entrepreneurs," the Cuban deputy
minister said.

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