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June 5, Fineko/abc.az. Azerbaijan is considering expanding its commercial presence in China by opening new trading houses and wine boutiques, ABC.AZ reports, quoting Yusif Abdullayev, Executive Director of the Azerbaijan Export and Investment Promotion Agency (AZPROMO), as saying this during the Azerbaijan-China Economic and Trade Cooperation Forum.
"This issue is currently under discussion. If there is demand, we are ready to open additional trading houses and wine stores in China," Abdullayev told journalists.
He noted that there are currently about 10 Azerbaijani trading houses and wine boutiques operating in China.
"The most promising region for expanding Azerbaijani exports is Guangdong Province — China's second-largest economy with a GDP of around $2 trillion. Trade turnover between Azerbaijan and Guangdong has already exceeded $100 million per year," he added.
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