An agreement on joint production between some foreign companies and Azerbaijan is considered to sign within the framework of the Africa Aerospace and Defense 2010-AAD Exhibition which will be held in Cape Town city of South African Republic (SAR), APA agency reports.

According to information, one of the agreements to be signed within the framework of the exhibition which will last from September 21 till September 25 will be about the production of new technologies with “Paramount Group” company. And another one will be about the cooperation in aviation sector.

Paramount Group” has entered the row of shareholders of “Aerosud” company specialized on production of aviation technologies and aircrafts. John Craig, Chief Executive Officer (CEO) of Paramount Group told APA that other projects were going to be to carried out together with Azerbaijan’s Ministry of Defense Industry as well. He noted that works were carried out in the direction of realization joint projects in aviation and other spheres.