Azerbaijan and the Netherlands have signed a memorandum on creating a joint business center.

The document was signed during the Azerbaijan-Netherlands business forum in Baku May 16 between the Dutch Limburg province and Azerbaijan's ADA University.
The joint business center will render services both to Azerbaijani and Dutch companies.

Moreover, three memorandums were signed between Azerbaijan's Sumgait Chemical Industrial Park and the Dutch Chemelot chemical park; Azerbaijan's ASAN center, Nar Mobile, Azerbaijan's State Fund for Development of Information Technologies and the Azerbaijani-Dutch center, as well as Azerbaijan Steel Production Complex, Maastricht University and Aachen University (Germany).

It is expected to sign another memorandum between Azerbaijan and the Netherlands in the sphere of agriculture after two days.

The main purpose of these documents is to ensure the development of bilateral economic relations.

/By Trend/