President of the Republic of Azerbaijan Ilham Aliyev has today received credentials of newly appointed Ambassador Extraordinary and Plenipotentiary of Denmark Svend Olling.

Ambassador Svend Olling reviewed a guard of honor.

Svend Olling presented his credentials to President Ilham Aliyev.

President Ilham Aliyev then had a conversation with the Ambassador.

The head of state stressed the necessity of developing bilateral relations between Azerbaijan and Denmark in various areas, including in the field of economy. President Ilham Aliyev noted low level of cooperation between the two countries in the economic sphere, including trade, and underlined the need to have more business contacts.

Touching upon successful activity of Danish companies in Azerbaijan, Ambassador Svend Olling said his country`s company invested in Azerbaijan`s oil sector. Noting that Carlsberg operates in Azerbaijan, he pointed out now they attract investors to Azerbaijan`s food industry. The Ambassador said the Danish companies will bring modern technology to Azerbaijan, and they plan to open a turkey factory in Ismayilli district jointly with Azerbaijan`s partners. The Danish diplomat noted that an agreement on elimination of double taxation will be signed between the two countries, and vowed he will spare no efforts to contribute to expanding the bilateral bonds.

The head of state underlined that the Danish companies` investing in non-oil sector of Azerbaijan`s regions correspond to Azerbaijan`s economic policy, and stressed the importance of it in terms of developing regions, expanding local production, reducing dependence on imports and increasing export opportunities.

They also exchanged views over the Armenia-Azerbaijan Nagorno-Karabakh conflict.

The Danish diplomat noted that his country supports the territorial integrity of Azerbaijan.