European investments in Azerbaijan hit $20B for 10 years

The EU countries have invested $20 billion in Azerbaijan's fixed assets for the last 10 years, said Shahin Mustafayev, Azerbaijani minister of economy.

Mustafayev made this statement at the second Azerbaijan-EU business forum, which is being held in Baku May 18.

"The EU countries made direct investments worth $2.7 billion in Azerbaijan's non-oil sector, that is 35 percent of the total volume of direct investments in this sector of the country," he said.

/By Trend/