Czech investment in Azerbaijan reaches $1bn

Czech investment in Azerbaijan: Czech Republic’s public and private sectors have invested more than $1bn in Azerbaijan since 2002, it emerged at an intergovernmental session on economic, scientific, technical and cooperation between the two countries this week. Their areas of involvement have included finance, industry, environment, agriculture, energy and construction and Azerbaijan is in turn responsible for approximately 26% of the Czech Republic’s oil imports. Azernews