The President of the Chamber of Commerce and Industry of the Republic of Azerbaijan, Niyaz Ali-Zada, received on Thursday the Ambassador of Cuba in this nation, Alfredo Nieves Portuondo, with whom he analyzed the state of economic and trade ties between both nations.
During the meeting, held at the headquarters of the Chamber of Commerce and Industry, the Azeri director was interested in the current priorities of Cuba's economic development and the legal framework for foreign investment.
Ali-Zada also stressed the importance of having a memorandum of understanding between the two chambers that allows for increased cooperation in business development, bilateral exchange and information, investments and commercial activities between the two nations.
For his part, Nieves Portuondo stressed that medicines, health services and high technology of the biotechnology and pharmaceutical industries of Cuba are areas with potential to develop the commercial exchange between Havana and Baku.
The Cuban diplomat extended the invitation for a delegation from Azerbaijan to be present at the International Fair of Havana FIHAV 2018 that will take place from October 29 to November 2 of this year.
He stressed that FIHAV 2018 is the best option for Azerbaijan to enter the Cuban market and become known in Latin America.