Indonesian companies interested in restoration projects in Karabakh 

Indonesian companies interested in restoration projects in Karabakh 

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Minister of Economy Mikayil Jabbarov has met with the Ambassador of Indonesia to Azerbaijan Hildi Hamid, Report informs, citing the ministry.

The minister congratulated the ambassador on his new appointment and expressed confidence that his activities would expand bilateral cooperation.

According to the minister, Azerbaijan highly appreciates Indonesia’s position on Armenia’s aggressive policy and support for Azerbaijan’s territorial integrity. The Minister of Economy underlined Azerbaijan’s interest in expanding relations with Indonesia and the importance of strengthening the legal framework for the development of cooperation. He noted that trade is one of the main areas of economic cooperation between the two countries. In January-May this year, Azerbaijan’s trade turnover with Indonesia increased by 64% amounted to $ 27 million. However, there are more opportunities to increase mutual trade.

The ambassador shared his views on the development of economic and trade relations, noting that Indonesian companies are interested in cooperation in transport and textiles, as well as projects for the restoration of the liberated territories.

The sides discussed the issues on the development of relations in industry, agriculture, ICT, small and medium business, tourism, sports, etc., increase of mutual trade turnover, the establishment of a joint working group on economic cooperation, the establishment of relations between business circles, participation of entrepreneurs of both countries in international exhibitions in Azerbaijan and Indonesia, organization of an Azerbaijani-Indonesian business meeting.



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