BAKU, Azerbaijan, June 18. The Islamic
Development Bank (IsDB) Group strives to preserve a status of
choice partner, IsDB Group Chairman Muhammad Sulaiman Al Jasser
said, at the 14th Private Sector Forum of the Group, Trend's correspondent
reports from the event.


"We want to remain the partner of choice. We don't come with
pre-prepared models. The bank's work is built on sharing
experiences and jointly seeking solutions. We start where countries
leave off. We sit down together, share knowledge and experience,
and demonstrate what worked in some countries and didn't in
others," he said.


Al Jasser emphasized that regional cooperation is a key factor
in development.


"Countries must work with their neighbors and ensure that their
advantages are complementary and can be shared. A lack of
cooperation can lead to increased tensions between countries," the
official said.


He noted that economic development requires clear planning and a
balanced approach.


"Economic development requires common sense and excellent
planning. Development must also encompass social and infrastructure
aspects. The Bank works with countries across a wide range of
regions, from South America to Southeast Asia. We work with
countries such as Suriname and Guyana, as well as Indonesia. The
Bank's 57 members are ready to share successful experiences," he
said.







Al Jasser stressed that member countries are actively involved
in joint project implementation.


According to him, the bank promotes joint project financing and
benefit sharing among member states.


"We bring countries together to jointly implement projects and
even share the benefits of one member with others. Integration
means not only building infrastructure but also sharing values
​​and benefits.


Sustainable development is impossible without a broad
distribution of benefits. Prosperity cannot be sustainable if it
remains within a single group. The more widely prosperity is
distributed, the more sustainable it is," Al Jasser said.


The head of the IsDB added that the bank's experience and work
play a key role in supporting integration processes between
countries.