In his turn, Victor Ortiz spoke about the main functions of the institution that he represents. Informed that currently the IMP has a staff over 3,000 with 50 research projects that have resulted in the registration of 900 patents. Mr. Victor expressed the wish of possible collaboration in innovations and administration of technology in the oil sector between Mexico and Azerbaijan.
At the end of the meeting, Mr. Shahmar Movsumov demonstrated an interest in the development of new technologies of IMP and said that the fund would be willing to begin talks to explore the possibility of investing in some of the projects through the Fund for Africa, Latin America and the Caribbean.
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