Pakistan and Azerbaijan will expand bilateral ties through enhanced trade and economic relations.
As reported by the Pakistani media that quote the representative of the presidential administration Mamnun Hussein, he will arrive in Baku on March 11 on an official visit. This is the first but not a study tour, as the delegation includes not only high-ranking government officials, but also the 30 wealthiest entrepreneurs.
During the four-day visit Hussein will meet with the President of Azerbaijan Ilham Aliyev, the Speaker of the Milli Majlis Ogtay Asadov and the Minister of Economy and Industry Shahin Mustafayev. --17D-
Economics
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The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
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Climate change poses a serious risk to global economic and financial stability, said Bo Li, Deputy Managing Director of the International Monetary Fund (IMF), at the event titled "Global Financial System: Scaling Up Climate Action Financing" held as part of COP29.
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Azerbaijan's banking sector has unveiled a comprehensive set of initiatives aimed at bolstering sustainable development, according to Zakir Nuriyev, President of the Azerbaijan Banks Association (ABA). Nuriyev outlined the plans during the second panel of the "Global Financial System: Expanding Climate Finance" event.
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Azerbaijan remains steadfast in its commitment to developing a sustainable green economy, according to Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA). Speaking at the COP29 event on Thursday titled “Global Financial System: Scaling Up Finance for Climate Action,” Kazimov emphasized the country's strategic focus on green development as part of its broader socio-economic agenda for 2030.
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