The 6th Azerbaijan-Austria business forum has been held today in Baku. As per APA-Economics, the discussion was organized by Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and was supported by Ministry of Economy and Industry.

Along with the officers of both the countries, 130 businessmen from industry, machine building, construction, food industry, packing, logistics and other fields were present at the event.

AZPROMO head, Rufat Mammadov, told that such events helps in extending teamwork between the countries and also helps in growth of relations among the businessmen.

According to him, investment relations between two countries extend, "Trade turnover between Azerbaijan and Austria during 9 months rose 94% to $ 326 mln. This figure was $264 mln last year. Azerbaijan mainly exports oil and oil products".

At the end of business meeting, presentations about business chances in Azerbaijan and Austria have been held. The bilateral meeting was held by businessmen.

AZPROMO's head also stressed that there are 46 companies with Austrian capital which are working in the country.

As per the State Customs Committee of Azerbaijan, in January to October 2013, trade earnings between Azerbaijan and Austria were approximately $333.46 million. During the reporting period, Azerbaijan imported Austrian products that were amounting to $79.58 million. The exports to Austria amounted to $253.88 million.