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Jeyhun Bayramov

Netherlands invest $1.3B in Azerbaijan over years

BAKU, Azerbaijan, October 26. The Netherlands has invested $1.3 billion in Azerbaijan over the years, Azerbaijani Foreign Minister Jeyhun Bayramov said during a joint press conference with the Minister of Foreign Affairs of the Netherlands, Tom Berendsen, on Monday.

The minister noted that the trade turnover between the two countries amounted to $325 million last year.

"At the same time, when looking at the figures for mutual investments, we see even higher numbers. Over the years, $1.6 billion has been invested from Azerbaijan into the Netherlands, while $1.3 billion has been invested from the Netherlands into Azerbaijan. Here, too, we see evidence of a mutually beneficial and balanced approach," he explained.

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