MEMORANDUM

Azerbaijan's Azersheker company and English Genus ABS Global company have signed a memorandum of understanding on cooperation, Trend reports.

According to the Agency for Development of Economic Zones of Azerbaijan, the memorandum aims to develop the livestock industry in Azerbaijan, create dairy and meat farms with competitiveness and export potential.

The memorandum of understanding signed between the EU and Azerbaijan on July 18 is a victory for both sides, and especially for Azerbaijan in terms of being treated as the EU's strategic partner, the former US ambassador to Azerbaijan, Matthew Bryza told Trend.