Baku / 30.04.19 / Turan: The Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved a five-year strategy defining relations with Azerbaijan. According to the EBRD"s Baku office, priorities for 2019-2024 will be support for the development of the non-oil sector, strengthening the management of private and state-owned companies, and continuing efforts to diversify the Azerbaijani economy. In addition, the EBRD will continue its work to expand the access of local businesspersons to financial resources by encouraging lending to local banks and non-banking organizations, and assisting the foreign exchange and capital markets. In addition, the bank will strengthen the promotion of renewable energy sources, energy efficiency. The head of the EBRD"s Baku office, Ivana Duarte, stated that the new strategy gives impetus to the bank"s activities in Azerbaijan. "The bank is ready to assist the development of the non-oil sector of Azerbaijan, strengthen local lenders, and increase investment in the ecological economy." It is noted that so far the EBRD has invested EUR 3.3 billion in Azerbaijan. -0-
Politics
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Official Baku has condemned the visit of Polish President Andrzej Duda to the Azerbaijan-Armenia border during his official visit to Armenia. "The visit of Polish President Andrzej Duda to the to Armenia-Azerbaijan border area in the company of members of the EU Mission in Armenia (EUMA), unfortunately, is another demonstration of anti-Azerbaijani policy of different EU member countries and European institutions. We deeply regret that President of the country which is officially a “strategic partner” of Azerbaijan has participated in the unacceptable diplomatic “binocular show” leading to the aggravation of relations between Azerbaijan and Poland,”" reads the statement on the Azerbaijani Ministry of Foreign Affairs’ account on X (formerly Twitter).
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According to the “Times of India”, the first batch of “Pinaka” missile systems has been delivered to Armenia.
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The next municipal elections in Azerbaijan will take place on January 29, 2025, Mazahir Panahov, the head of the Central Election Commission (CEC), said at a meeting of the commission. It is worth noting that in recent years, there has been a policy of consolidating municipalities. Following changes to the legislation earlier this year, which provide for the consolidation of municipalities, their number has been reduced from 1,400 to 685.
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By the decree of the President of Azerbaijan, Siyavush Kerimi has been relieved of his duties as rector of the National Conservatory. By another decree from the head of state, Khamila Dadashzade has been appointed as the new rector of the institution. Previously, she headed the Department of Music History and Theory at the Azerbaijan State University of Culture and Arts. Dadashzade is a member of the Union of Composers of Azerbaijan.
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