The Azerbaijani-Saudi Arabian business forum will be held as part of the visit of a delegation headed by Minister of Trade and Industry of Saudi Arabia Tawfiq bin Fawzan Al Rabiah to Baku on May 15, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said.

Over 100 companies of Saudi Arabia will attend the business forum, organized by the Ministry of Economy and Industry of Azerbaijan.

According to the State Customs Committee of Azerbaijan, the trade turnover between Azerbaijan and Saudi Arabia amounted to $14.66 million as of 2014, which is two times less than in 2013. Some $14.5 million accounted for the imports of Saudi Arabian output to Azerbaijan in 2014.