The parties signed a number of documents within the framework of the forum. Thus, an Intergovernmental Agreement on the establishment of the Uzbekistan-Azerbaijan Investment Fund, documents on twinning between the cities of Khiva and Shusha, Samarkand and Ganja, Bukhara and Lankaran, Kokand and Sheki, a roadmap on the expansion of practical cooperation in economic-trade, scientific-technical and cultural-humanitarian fields between Tashkent City Executive Authority and Baku City Executive Authority for 2023-2025, a Memorandum of Understanding on cooperation between the Export and Investment Promotion Agency of the Republic of Azerbaijan - AZPROMO and the Agency for Regulation of Alcohol and Tobacco Market and Winemaking Development of the Republic of Uzbekistan, a Memorandum of Cooperation between the Small and Medium Business Development Agency under the Ministry of Economy and the Entrepreneurship Development Agency under the Ministry of Economic Development and Poverty Reduction of Uzbekistan, Memorandum of Understanding and Agreement on cooperation between "AzerGold" CJSC and the Ministry of Mining Industry and Geology of the Republic of Uzbekistan, Memorandum on cooperation and interaction between "Mega Invest Industrial" LLC and "NABUCCO A&C" company, an Agreement on cooperation between "Jahan Industrial Complex" LLC and "Azimut Plus" LLC was signed.
"Azerbaijan Investment Company" OJSC has signed a Memorandum of Understanding with "AzerShekar" LLC on the exploring joint investment opportunities in processing of malted barley for beer production in order to reduce dependence on imports and support local production.
A discussion was held at the event on the strengthening of economic and trade relations between Azerbaijan and Germany, the possibility of participation of German companies in the industrial parks created in our country, in the Alat Free Economic Zone, the development of cooperation in the field of alternative energy, transport, and the expansion of experience exchange.
Within the framework of the project, it is planned to build a wind power plant in the Garadagh district of Baku with a total installed capacity of 38-72 mW.
An investment agreement was signed between "Azerbaijan Investment Company" OJSC (AIC) and "Balkhoorma" LLC. According to the agreement, AIC plans to invest 4 mln. AZN in “Balkhoorma” LLC in order to increase the production volume of a fruit drying line. After the investment, production capacity of the enterprise is expected to increase from 200 tons to 600 tons per year. The total cost of the project is 16 mln AZN where AIC’s share will make 25%. On average the project will create up to 100 new jobs.
The delegation led by the co-chairman of the Joint Commission on Cooperation between the Government of the Republic of Azerbaijan and the Government of the Republic of Uzbekistan, Minister of Economy Mikayil Jabbarov, was on a business trip to Uzbekistan.
Azerbaijan Investment Company (AIC) and Login International company, which operates in the field of logistics and transportation, have signed an investment agreement on international transit, export and import operations.
Within the framework of the cooperation, it is planned to implement the "Waste Monetization" project that envisages the production of "green" gas from plastic-rich household waste based on thermochemical recycling technology.
Azerbaijan Investment Company OJSC (AIC) and Abu Dhabi Future Energy Company, Masdar, signed a Memorandum of Understanding on a “Waste to Energy” project