The sides agreed to expand bilateral economic cooperation in the spheres of infrastructure and industry.
The two sides held the first round of economic talks to discuss ways to bolster trade and investment and help more South Korean firms participate in infrastructure projects in Azerbaijan.
"We expect that South Korea`s advanced industrial plant technology and Azerbaijan`s abundant resources will create higher value-added products," said South Korea`s Vice Minister of Trade, Industry and Energy Woo Taehee.
The trade turnover between Azerbaijan and South Korea amounted to $30 million in January-April 2016, almost all amount of which accounted for Azerbaijan`s import from this country, according to Azerbaijan`s State Customs Committee.
More about:
-1780923278.jpg&h=190&w=280&zc=1&q=100)
