Azerbaijan aims to use EU investments for export production

  08 June 2017    Read: 1142
Azerbaijan aims to use EU investments for export production
Export-oriented production, which can involve investments from the EU, is one of the areas of further developing the Azerbaijan-EU agricultural ties, said Azerbaijani’s Deputy Minister of Agriculture Seyfaddin Talibov.
He was addressing the EU-Azerbaijan Business Forum in Baku June 8.

The EU-Azerbaijan trade turnover of agricultural products was $240.7 million in 2016, according to Talibov.

“About $167 million accounted for the import of agricultural products from the EU,” he said, adding a little more than $73 million accounted for the exports of agricultural products to Europe.

“More than 96 percent of the export of agricultural products accounted for peeled hazelnuts, while 1.7 percent accounted for pomegranate juice,” he noted.

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