OREANDA-NEWS. October 27, 2011. SOCAR President Mr. Rovnag Abdullayev received the delegation of the Canton of Geneva, which arrived in Baku to attend the Azerbaijani-Swiss business forum. By sincerely welcoming the guests, Mr. Abdullayev spoke about the development of Azerbaijan, favorable investment climate and important role of oil and gas industry in this development.

SOCAR President informed the guests about Azerbaijan's achievements in the energy sector in recent years. Mr. Abdullayev said now at the state level special attention is also paid to the non-oil sector, and frequent business forums in Azerbaijan are of great importance. As Minister of Economy and Health of the Canton of Geneva Mr. Pierre-François Unger mentioned, “SOCAR-Trading” Company, dealing with sale of oil and oil products in Geneva, has won favor of business circles of Switzerland and entire Europe.

He said Switzerland is interested in expanding this cooperation. While responding the questions about gas agreements signed in Izmir, Mr. Abdullayev pointed out that those documents contributes to Azerbaijan’s important role in energy security of Europe on the “South Energy Corridor” project. The meeting was also attended by the Swiss Ambassador to Azerbaijan Sabine Ulmann Shaban.