Azerbaijan, China to cooperate in investment

A Memorandum of Understanding (MoU) was signed in Beijing between the State Oil Fund of Azerbaijan (SOFAZ) and China Investment Corporation, Report informs.

The signing took place as part of Azerbaijani President Ilham Aliyev's state visit to China with the participation of Chinese President Xi Jinping.

The MoU was signed by the SOFAZ CEO, Israfil Mammadov, and the Corporation's Chairman of China Investment Corporation, Zhang Qingsong.