On Thursday Ilham Aliyev received Takehito Nakao, the President of the Asian Development Bank and members of his delegation. During the meeting they discussed issues of cooperation between Azerbaijan and the international financial institutions, including ADB, in particular, the implementation of projects financed by the ADB and the prospects for this cooperation.
According to the report of the Asian Development Bank, a business plan to work in Azerbaijan in the 2015-2017 has been developed. In particular, the bank intends to start work in a number of new sectors of the economy for themselves,
For example, in 2017 the bank can begin the development of technical assistance to the education sector (Education sector Development). For this purpose a grant of US 800,000. Has been allocated. Then will begin the grant to promote financial integration (Promoting Financial Inclusion) in the amount of US 500,000. In 2016, the bank intends to launch a project to support to improving governance in the amount of 500 US 000. -16D-
Politics
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Azerbaijan is positioning itself as a key energy partner for Europe amidst growing challenges in the natural gas market following the cessation of Russian gas transit through Ukraine. The disruption, marking the end of a decade-long transit route, is expected to heighten competition in the global liquefied natural gas (LNG) market and drive up prices for alternative energy sources.
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Blogger Rashad Ramazanov, who is serving a prison sentence, spoke about the harsh conditions of detention in correctional facility No. 15.
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Co-Chair of the US Helsinki Commission, Congressman Joe Wilson, condemned the offensive attacks by representatives of the Tehran regime against Azerbaijan and Turkey.
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The FIA Formula 1 Azerbaijan Grand Prix will be held on September 19-21. It will be the 17th Grand Prix of the season.
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