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Azerbaijan Caucasus Monitoring

Germany invests $460 million in Azerbaijan’s non-oil sector

Germany’s direct investments in Azerbaijan amounted to $460 million, Azerbaijani Deputy Economy Minister Sahil Babayev said at the Azerbaijan-Germany business forum in Baku Oct. 11.

He added that all those investments were made in the non-oil sector of the Azerbaijani economy. Babayev said that Azerbaijan’s direct investments in Germany amounted to $120 million.

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