BAKU, Azerbaijan, May 7. Azerbaijan has
potential to become a donor country in the not-too-distant future,
Chairman of the Islamic Development Bank (IsDB) Group Dr. Muhammad
Sulaiman Al Jasser said in an exclusive interview with Trend, as he visited Azerbaijan.
Al Jasser pointed out that that the IsDB is very bullish on
Azerbaijan.
“We're already looking at possibility of financing more projects
in Azerbaijan. Because we're confident about Azerbaijan's future,
about the way the economy is managed. This is really what we need
to see in members of the Islamic Development Bank. We look forward
to Azerbaijan becoming an advanced economy and a donor country
rather than a borrower. I don't think that's a long way to go,” he
said.
The IsDB Group chairman also praised Azerbaijan’s evolving role
as a hub for international trade and logistics.
“First, Azerbaijan is blessed with a very good, convenient
strategic location that helps a lot. Second, I think the way the
economy is managed is very prudent. Azerbaijan has been building
friendly relationships in the neighborhood, which is very important
for economic development. In this regard, Azerbaijan and other
countries in the region deserve a lot of credit because they want
to focus on the development of their economies, creating good jobs
for their young people. With Azerbaijan being ahead of the game
there, I think a lot of people find it a good hub to enhance the
routes of trade, logistics, the transport, be it railroads or
highways or sea ferries. All of that will make, maybe already
making Azerbaijan an important crossroads for trade in the region,
and that should enhance the growth potential of all the countries
in the region. Azerbaijan is playing a very positive role in that
process,” he said.
