BAKU, Azerbaijan, March 13. Azerbaijan and the
Black Sea Trade and Development Bank (BSTDB) have discussed
prospects for expanding cooperation during a meeting between Deputy
Economy Minister Anar Akhundov and BSTDB Vice President Ziya
Aliyev, Trend
reports, citing the Ministry of Economy.
The meeting highlighted the role of Azerbaijan’s effective
cooperation with international financial institutions, including
the BSTDB, in supporting the country’s economic development. It was
noted that the bank’s partnership with Azerbaijan’s private banks
to expand businesses’ access to financial resources contributes to
supporting entrepreneurship and increasing investment
opportunities.
In the course of the meeting, insights were shared regarding
Azerbaijan’s key strategic development priorities and the
opportunities for expanding collaboration with the BSTDB.
The parties also explored opportunities for collaborative efforts
in key initiatives underway in the nation, encompassing
public-private partnerships, industrial zones, and strategies
designed to bolster small and medium-sized enterprises.
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