BAKU, Azerbaijan, June 15. There are prospects
for the growth of German investments in Azerbaijan in the future,
German Ambassador to Azerbaijan Ralf Horlemann said during a media
briefing in Baku, Trend’s correspondent reports from the event.
”Since the second half of last year, we have observed a growing
interest among German companies in the Azerbaijani market. An
example of this is the export finance conference organized in Baku
last year by the German-Azerbaijani Chamber of Commerce (AHK
Azerbaijan). It was attended by a record number of representatives
from German companies — around 200 people,” the ambassador
said.
Horlemann noted that this testifies to a noticeable growth of
interest from German business in the Azerbaijani market.
”So far, this has not yet been reflected in trade statistics or
investment indicators. However, as we mentioned earlier,
Azerbaijan’s growing role as a regional trade and transport
connectivity hub, as well as an energy supplier that is now
focusing on energy sector transformation and renewable energy
development, is of great interest to many German companies.
Therefore, I see good prospects both for the development of trade
relations and for the growth of German investments in Azerbaijan in
the future,” the ambassador said.
