SCODA Signed Memorandum of Understanding with the Small and Medium Business Development Agency of the Republic of Azerbaijan

On November 6, during the Sixth China International Import Expo, the Administrative Committee of SCODA and the Small and Medium Business Development Agency of the Republic of Azerbaijan signed a memorandum of understanding, witnessed by Azerbaijan's Deputy Prime Minister Shahin Mustafayev. According to the agreement, the two sides will jointly expand trade and investment cooperation between SMEs, promote resource sharing and connectivity, organize more SME management experience exchanges, hold seminars, fairs, exhibitions and other activities, so as to inject new impetus, and expand new space for local economic and trade cooperation between the two countries.

"We will continue to give full play to the nature of public goods, deepen practical cooperation with the Small and Medium Business Development Agency of the Republic of Azerbaijan in various fields, and leverage the driving role of platforms such as Qingdao · SCODA Pearl International Expo Center and Silk Road E-Commerce Comprehensive Service Base, so as to promote exchanges and cooperation between SMEs of China and Azerbaijan to a higher level," said Fu Zhonghua, Member of the CPC Working Committee and Deputy Director of the Administrative Committee of SCODA.

Mammadov, Chairman of the Small and Medium Business Development Agency of the Republic of Azerbaijan, said that the agency will take this signing as an opportunity to further tap the location and industrial advantages of both sides, and deepen practical cooperation for win-win results.