On December 18, an online meeting dedicated to economic cooperation between Nakhchivan city and Urumqi city of the People’s Republic of China was held with the participation of officials and representatives of the business community.
The meeting was attended by Jabbar Musayev, Head of the Executive Authority of Nakhchivan City, Kazim Huseynaliyev, Minister of Economy of the Nakhchivan Autonomous Republic, Yakub Paydulla, Mayor of Urumqi City, as well as officials and company representatives from both sides.
During the online meeting, extensive discussions were held on the current state and development prospects of economic relations between Nakhchivan and Urumqi. The parties reviewed trade and investment opportunities in industry, agriculture, logistics, and other sectors.
In his speech, Jabbar Musayev emphasized the importance of expanding interregional cooperation and strengthening business relations between the two cities, highlighting the significance of mutual initiatives in this direction.
In his address, Minister of Economy of the Nakhchivan Autonomous Republic Kazim Huseynaliyev provided detailed information on Azerbaijan’s trade relations with China, including those of the Nakhchivan Autonomous Republic, as well as opportunities for realizing the economic cooperation potential of Urumqi.
Mayor of Urumqi Yakub Paydulla noted that Urumqi is one of China’s key regions and drew attention to the emergence of new opportunities for the development of cooperation between the two cities.
Within the framework of the meeting, a video presentation showcasing Urumqi’s industrial potential was demonstrated, along with presentations by Urumqi’s trade organization and the Urumqi Bureau of Industry and Information Technology on their areas of activity. In addition, a presentation on the investment opportunities of the Nakhchivan Autonomous Republic was delivered, and business entities from both sides presented their products and services.
During the online meeting, company representatives exchanged views on potential areas of cooperation and put forward proposals in fields of mutual interest.
At the conclusion of the meeting, the parties emphasized the importance of continuing efforts to further expand relations and implement concrete cooperation projects in the future.
