BAKU, Azerbaijan, September 7. Sweden and Azerbaijan have a significant potential for deeper cooperation, Executive Director of Swedish-Azerbaijani Chamber of Commerce Emil Mirzayev told Trend.
He pointed out that an important part of the work of the
Swedish-Azerbaijani Chamber of Commerce is helping businesses and
institutions understand each other, find relevant counterparts and
build practical connections between Sweden and Azerbaijan.
"The Chamber has supported several Swedish companies exploring
opportunities in the Azerbaijani market and vice versa. Two of
these relationships have already moved beyond the initial
exploratory stage. One Swedish initiative is continuing to develop
its plans and looking at the practical steps needed to establish
activity in Azerbaijan. Another has already moved into active
business operations and is selling its products in the Azerbaijani
market," he said.
Mirzayev noted that the work does not stop at the bilateral
Sweden-Azerbaijan relationship.
"Azerbaijan is closely connected to the wider South Caucasus, the
Caspian region, Türkiye, Central Asia and European markets. As
trade, infrastructure, energy and connectivity develop across the
region, businesses increasingly look beyond individual countries
and consider the wider economic landscape. This is also reflected
in the Chamber’s work. The Chamber has maintained contacts with
companies and professional partners in Georgia and has helped
facilitate connections in the healthcare field. It has also been in
contact with partners in Uzbekistan, sharing knowledge and
experience from international business and cross-border
cooperation," said the executive director.
He noted that the purpose is not to present the Chamber as an
expert in every market or every sector.
"It is more practical than that: to share relevant experience,
provide useful information and help people find the right
counterparts. The regional business environment is becoming
increasingly interconnected. This is particularly clear in sectors
such as energy, infrastructure, technology, healthcare, logistics
and trade. The development of the Middle Corridor is one example.
It is not simply about moving goods from one place to another. It
also involves ports, logistics, energy, digital infrastructure,
industrial development and investment.
The same broader perspective applies to the energy transition. The opportunities are not limited to renewable energy generation. They also include electricity grids, transmission, storage, digital systems, engineering, technology and the infrastructure required to connect new energy capacity to markets," Mirzayev explained.
He went on to add that for Nordic companies, these developments
can create opportunities to bring technology, engineering expertise
and sustainable solutions into the region. For companies from
Azerbaijan and neighbouring markets, they can create opportunities
to develop relationships with Nordic businesses and reach new
markets.
"There is still significant potential for deeper cooperation
between Sweden and Azerbaijan, as well as across the wider South
Caucasus and Central Asia. The focus remains practical:
strengthening business and institutional connections, helping
companies understand new markets and making it easier for the right
people to meet. The aim is to help Swedish and Nordic companies
develop a clearer understanding of Azerbaijan and the opportunities
emerging in the region. At the same time, Azerbaijani companies
should have a clearer path towards Sweden and the wider Nordic
business environment. And where experience can be useful to
partners in Georgia, Uzbekistan or elsewhere in the region, there
is value in sharing it," Mirzayev concluded.
