A Memorandum of Understanding has been signed between Azerbaijan Investment Company OJSC (AIC) and China CAMCE Engineering Company in Baku, APA-Economics reports.
The Memorandum aims at establishment of joint agro-industrial complex by Azerbaijan and China, production, processing, and packaging of agricultural products in the Complex, involvement of investment from China in order to produce agricultural technologies.
The document was signed by Executive Director of AIC Allahverdi Pashayev and Chairman of CAMCE Luo Yan.