Azerbaijan-Lithuania Business Council was established

Lithuania-Azerbaijan business forum was held in Vilnius with the participation of the President of the Republic of Azerbaijan H.E. Ilham Aliyev and the President of the Republic of Lithuania H.E. Gitanas Nauseda.

Within the framework of the forum, the Agreement on the establishment of the Azerbaijan-Lithuania Business Council was signed between the National Confederation of Entrepreneurs (Employers) Organizations of the Republic of Azerbaijan (ASK) and the Lithuanian Confederation of Industrialists (LPK).

According to the document, the Business Council aims to promote business relations between the partner institutions of both countries, Azerbaijan and Lithuania, to consolidate directions of cooperation and issues that will arise in this direction. The members of the Business Council will be formed from the members of the organizations. The institution will operate in all directions to provide mutual assistance and contribute to the promotion and expansion of commercial and economic relations between the entrepreneurs of the Republic of Azerbaijan and the Republic of Lithuania.

It should be noted that Mammad Musayev, president of the National Confederation of Entrepreneurs (Employers) Organizations of the Republic of Azerbaijan, who spoke at the forum attended by representatives of companies operating in the fields of industry, finance, construction, agriculture, tourism, petrochemical, pharmaceutical and ICT, in addition to state officials, shared his views on the investment environment in our country, the development of entrepreneurship, as well as the opportunities for economic cooperation between Azerbaijan and Lithuania. It was decided that the first meeting of the council will be held in Azerbaijan.