BAKU, Azerbaijan, July 6
By Leman Zeynalova - Trend:
Swiss companies from the infrastructure and transport sector could support Azerbaijan in strengthening its role as an international transport hub, Swiss State Secretariat for Economic Affairs told Trend.
“In general, Swiss companies could contribute (and contribute already) to the diversification of the economy of Azerbaijan, i.e. to exploit the big untapped potential outside the oil and gas sector. In particular, Swiss companies from the infrastructure and transport sector could support Azerbaijan in strengthening its role as an international transport hub (this is already happening, e.g. activities of Stadler in Azerbaijan),” said the State Secretariat.
SECO said the Action Plan of the Azerbaijani government aiming at the mitigation of the socio-economic implications of the pandemic could also open new spheres of common interest.
“In the framework of its international cooperation, the Swiss State Secretariat for Economic Affairs is engaged to support macroeconomic stability and the development of the private sector in Azerbaijan, thus aiming at contributing to the diversification of the economy as well as supporting the mitigation of the pandemic’s impact.”
