Energy, agriculture, IT and tourism are the sectors where Macedonia and Estonia can enhance bilateral cooperation, agreed participants at Monday's business forum in Skopje.
"I am convinced that today's event will enhance existing and create new business ties between Macedonia and Estonia, through the use of prior business experience and friendly relations", said Economy Minister Valon Saraqini in the opening address.
He added that bilateral economic cooperation should increase, with today's forum representing a good opportunity for this.
Estonian Minister of Economic Affairs and Communications Juhan Parts said history was written in Skopje, expressing hope the forum was just the beginning of numerous business meetings between the two countries.
"I hope these two days will be fruitful and enable the launch of new businesses. I believe there are opportunities for enhancement of business relations in the textile and metal industries", added Parts.
Total trade exchange with Estonia in 2011 was approximately US$ 1,6 million, whereas Estonian investments in Macedonia amounted to EUR 1,22 million.