Orkhan Mammadov: Over 1,300 applications for establishing business in Karabakh registered

More than 1,300 applications have been received to set up a business in the territories liberated from occupation, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov said at the Azerbaijan Investment and Youth Entrepreneurship Forum organized by the Islamic Cooperation Youth Forum (ICYF) and SMBDA in Baku, Report informs.

"Nearly 55% of these applications came from foreign investors and businesses. Foreign applications cover a fairly wide geographical landscape and about 40 countries, including Europe, Asia, and the Americas," he said.