On November 5th Azerbaijan`s "Azvirt" and Bulgarian "Trace Group", "Dynamic" construction companies, as well as Azerbaijan`s "Caspian Service" and Bulgarian "Dynamic Group", "Biad Company" signed memorandums of understanding on cooperation on the sidelines of an Azerbaijan-Bulgaria business forum in Baku.
The forum was organized as part of a visit of a Bulgarian delegation led by Minister of Regional Development and Public Works Liliana Pavlova.
The event brought together the two countries` businessmen engaged a wide range of fields, including infrastructure, engineering, power industry, construction, oil and gas.
Delivering speech at the event, Deputy Minister of Economic Development Niyazi Safarov stressed the role of official and working visits and business forums in expanding the Azerbaijan-Bulgaria cooperation and boosting mutual relations.
He noted last year saw trade between Azerbaijan and Bulgaria increase 2.9%. Safarov said some 10 companies with Bulgarian capital operate in Azerbaijan.
Minister of Regional Development and Public Works Liliana Pavlova said Bulgaria attaches great importance to cooperation with Azerbaijan.

AzerTAc