A Memorandum of Understanding on cooperation was signed between the Small and Medium Business Development Agency (SMBDA) under Azerbaijan’s Ministry of Economy and the China-SCO Local Economic and Trade Cooperation Demonstration Area (SCODA) on the sidelines of the visit of the Azerbaijani delegation to China within the framework of the 6th China International Import Expo held in Shanghai, Ednews informs citing SMBDA.
According to the information, the document was signed by the Chairman of the Board of Directors of the SMBDA, Orkhan Mammadov, and the Deputy Director of the SCODA Administrative Committee, Hao Guo Xin.
The memorandum envisages holding joint measures to promote cooperation in the field of trade and investment between SMEs of the two countries, including experience in the field of providing services to SMEs, exchange of information on exhibitions and other events, economic and trade activities, and opportunities for cooperation.