Greek enterprises seek to expand activities in Azerbaijan

Greek enterprises are seeking to expand their activities in the Caspian region through partnerships with business groups in Azerbaijan.

Costas Vamvakas, president of the Hellenic-Azeri Chamber of Commerce, addressing the annual meeting of its members, said that Greek enterprises had talks with large business groups in Azerbaijan in 2016 to promote business and cultural cooperation between the two countries.

“We have already completed one year since we took office in the Chamber and I dare to say that we worked hard and methodically during this period,” Vamvakas said. He underlined that the Chamber signed a memorandum of understanding with institutional organizations in Azerbaijan, such as the Chamber of Commerce and Industry, the Employers’ Federation and the European Azerbaijan Society.

Rahman Mustafayev, Azeri ambassador to Greece, addressing the meeting, expressed the embassy’s confidence in the work of the Chamber and said that Azerbaijan could become a window for the exit of Greek products in the vast markets of Central Asia.

Manolis Daniil, director of building-consumer & industrial products in Enterprise Greece, said that Greek exports to Azerbaijan totaled 23.7 million euros in 2016 and presented the organizations’ program in international fairs. Enterprise Greece will support Greek companies wishing to participate in a World Build Baku 2017 fair.

The regular assembly decided to organize a business delegation to Baku and the participation of member-companies in the World Build Baku fair, October 18-21.