Azerbaijan sent a delegation to the first China Intern

ational Import Expo in Shanghai last November. “This kind of expo is extrem

ely important, and provides a chance for Azerbaijan to reach out to the Chinese ma

rket and establish contact with Chinese companies,” Hajiyev said, adding last year’s event was extremely helpf

ul to Azerbaijan and helped traders to understand the requirements and demands of the Chinese market.

Almost 50 percent of China’s trade with the Caucasus region are from

Azerbaijan, and Azerbaijan has invested $1.7 billion in Chinese securities. Current trade volu

me between China and Azerbaijan is above $1.5 billion, and Hajiyev believes there is sti

ll more to do to promote bilateral trade, as the two countries have very good relations.

Companies from the two countries are engaged in projects for the

petrochemical industry, and the two countries can touch upon o

ther strategic areas such as energy and communication, the foreign affairs head added.