In the framework of the next annual meeting of the European Bank for Reconstruction and Development in London on May 11-12 investors will be presented investment opportunities of Azerbaijan, and in June the EBRD President Suma Chakrabarti will visit Baku.
According to the information at the Ministry of Economy of Azerbaijan, an agreement was reached during his meeting with the Minister of Economy Shahin Mustafayev in the UK capital.
Recall, the EBRD last year invested 9.4 billion Euros in more than 30 member countries.
Azerbaijan is also a member of the EBRD - since 1992, the country has received funding of $ 2.8 billion under 161 projects.
Recall, the EBRD does not finance government projects and aims at sustainable development of non-oil sectors of the economy by investing in small and medium private enterprises. --17D-
Economics
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Azerbaijan's Small and Medium Business Development Agency (SME) and the Iraqi Federation of Chambers of Commerce have formalized a significant step towards enhancing bilateral economic ties with the establishment of the Azerbaijan-Iraq Business Council. The agreement, signed by Orkhan Mammadov, Chairman of the Board of Directors of SME, and Abdulrazag Al-Zuheir, President of the Iraqi Federation of Chambers of Commerce, comes within the framework of the Azerbaijan-Iraq Business Forum.
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Azerbaijan officially presented the updated digital government platform "myGov" at an event on September 17 in Baku, marking a significant step in the country's digital transformation. The event was attended by government officials, private sector leaders, media representatives, and industry experts.
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Minister of Economy Mikail Jabbarov held a meeting with the World Bank's Regional Director for Sustainable Development for Europe and Central Asia, Sameh Naquib Vahba, to review the ongoing and potential areas of collaboration between Azerbaijan and the World Bank. Both sides expressed their satisfaction with the progress made in joint projects aimed at boosting economic diversification and infrastructure development in Azerbaijan.
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Azerbaijan officially presented the updated MyGov digital government platform today in the capital city of Baku, marking a significant milestone in the nation’s ongoing digital transformation.
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