(Photo By: Nati Shohat/Flash90)
By: Luke Tress - August 2, 2021
Azerbaijan has opened a trade office in Israel, its first official mission in the Jewish state, to boost economic ties between the two countries.
Tourism Minister Yoel Razvozov inaugurated the office in Tel Aviv with Azerbaijan’s Minister of Economy Mikayil Jabbarov. The pair discussed the economic relationship between the two countries, Israeli investments in Azerbaijan, increasing mutual trade and boosting tourism.
Jabbarov also met with Foreign Minister Yair Lapid, Housing Minister Ze’ev Elkin and Finance Minister Avigdor Liberman.
He said that the Jerusalem-based venture capital firm OurCrowd had signed a memorandum of understanding with an Azerbaijani investment company to “attract investments in startup projects and transfer best practices of leading Israeli companies to our country.”
“The new area of cooperation will contribute to the establishment of an innovative ecosystem in our country,” Jabbarov said.
Read More: Times of Israel