On 4th of March 2016, the ambassador of the Republic of Azerbaijan to Lebanese Republic, Aghasalim Shukurov met with Mohamed Choucair, the Chairman of the Federation of the Chambers of Commerce, Industry and Agriculture in Lebanon

During the meeting the ambassador briefed about the process of investment, oil-gas industry, Heydar Aliyev Foundation and Oil Foundation over the primary areas of economy within Azerbaijan.

In addition to large investments placed on Azerbaijan through foreign countries and companies, the government of Azerbaijan invested capital over the local and foreign sectors from the income of energy projects.

The establishment of Joint Business Council was discussed for the creation of mutual relations on economic and trade spheres between Azerbaijan and Lebanon.