BAKU, Azerbaijan, September 14. The prospects
for further development of mutually beneficial cooperation between
Azerbaijan and the Asian Development Bank (ADB) were discussed.
This was announced in a statement published by the Cabinet of
Ministers, following the meeting between Ali Asadov, Prime Minister
of the Azerbaijan, and a delegation from the Asian Development
Bank’s Board of Directors on September 14.
At the meeting, the sides noted with satisfaction the high level
of the long-term and mutually beneficial partnership established
between Azerbaijan and the ADB.
According to information, the importance of jointly implemented
projects in the transportation, energy, water management, finance,
education, healthcare, and other sectors was emphasized, and
promising opportunities for expanding cooperation through
public-private partnerships were highlighted.
The country’s Partnership Strategy for 2025–2029 was recognized
as an important foundation for a new phase of cooperation between
Azerbaijan and the ADB, and it was noted that the new projects
planned in the fields of energy, transportation, and water
infrastructure align with Azerbaijan’s long-term development
priorities.
The meeting was attended by Sahil Babayev, Minister of Finance
of the Republic of Azerbaijan.
