ECONOMY

SEV signs two agreements with Azeri business groups

The Hellenic Federation of Enterprises (SEV) signed a cooperation agreement with two key business groups in Azerbaijan yesterday in a bid to boost commercial ties between Greece and the Black Sea area. SEV signed an agreement with Azerbaijan Export and Investment Promotion (AZPROMO) Foundation and the Azerbaijan-Turkey Business Association. «Azerbaijan is affected to a small extent by the international economic crisis and is gradually boosting its growth rate due to its large energy supplies,» SEV said in a statement. Other opportunities for Greek businesses in Azerbaijan include the sectors of building materials, telecoms and tourism, SEV added.