By  Trend

On October 9, Baku will host German-Azerbaijani Business Forum 2018 on Energy and ICT, the German-Azerbaijani Chamber of Commerce told Trend Oct. 2.

The forum is expected to be attended by officials of ministries and agencies of Azerbaijan, the German Embassy in Azerbaijan, Azerbaijan’s state oil company SOCAR, the European Bank for Reconstruction and Development (EBRD), BP, Siemens SC, SAP, Lahmeyer International GmbH, DHL Global Forwarding, PASHA Bank, etc.

Presently, more than 200 companies with German capital operate in Azerbaijan.

In January-August 2018, Azerbaijan’s trade turnover with Germany exceeded $1.05 billion, according to Azerbaijan’s State Customs Committee. Exports of Azerbaijani products for the period to Germany exceeded $619.5 million.

Germany is the fourth biggest foreign trade partner of Azerbaijan.