Shorouk Express
BAKU, Azerbaijan, October 3. Germany ranks
among the top investors in Azerbaijan’s non-oil sector, Azerbaijani
Foreign Ministry’s Head of Economic Cooperation Elmar Mammadov said
at a reception in Baku, Trend reports.
“Last year, trade turnover between our countries reached around
$1.6 billion. In the first eight months of this year, it has
already reached roughly $1 billion,” Mammadov noted.
He articulated that Germany presently occupies the 5th position
in the hierarchy of Azerbaijan’s foreign trade partners, while
securing the second spot among European nations.
“The Azerbaijani-German high-level working group on trade and
investment plays a key role in developing our economic cooperation.
I am confident that the issues discussed at the 10th meeting of the
working group on September 15, 2025, in Baku will provide a
significant boost to further strengthen our economic ties,” he
emphasized.
Mamadov also underscored the dynamic synergies in the
humanitarian sector.
“The German language is one of the most popular foreign
languages in Azerbaijan. Thousands of Azerbaijanis have studied and
continue to study in Germany. The Azerbaijani Cultural Center in
Berlin operates successfully. All these achievements contribute to
the further development of interpersonal contacts and deepen mutual
understanding between our peoples,” he concluded.
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