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Korea - Azerbaijan Trade and Investment Forum
2021-11-24 hit 119
Korea - Azerbaijan Trade and Investment Forum
Korea - Azerbaijan Trade and Investment Forum
Korea - Azerbaijan Trade and Investment Forum
Korea - Azerbaijan Trade and Investment Forum

Korea International Trade Association (Chairman: Christopher Koo) hosted the “Korea - Azerbaijan Trade and Investment Forum” on November 24th at COEX.


This forum was held ahead of the 30th anniversary of the independence of Azerbaijan and the 30th anniversary of establishing diplomatic ties between Korea and Azerbaijan. The Deputy of the Ministry of Economy of Azerbaijan and the Head of the Azerbaijan export and investment promotion foundation visited Korea to take part in this forum, who promoted Azerbaijan’s trade and investment environment and projects to support emerging industries.


In his congratulatory speech, Seung-kwan Sin, the Executive Vice President at KITA said, “Despite the ongoing Pandemic, the size of trade between Korea and Azerbaijan hit 87 million dollars as of October this year - a 40.3% increase compared to the same period of last year.” He expressed hopes of by mentioning, “Today’s seminar will serve as a starting point in expanding the scope of bilateral economic cooperation, as the two countries did so in a wide spectrum of fields, including economic and cultural sectors, during the past three decades since establishing diplomatic ties.”
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