Azerbaijan, EBRD sign two accords to implement joint projects
ECONOMICS 12 September 2022 - 17:48
Azerbaijani Economy Minister Mikayil Jabbarov has said that Azerbaijan and the European Bank for Development and Reconstruction (EBRD) have signed two accords.
Before the signing ceremony, Jabbarov had a meeting with EBRD President Odile Renaud-Basso to discuss prospects for cooperation with the bank and the implementation of joint projects, Report informs quoting the minister.
"The documents signed today [September 12] imply the allocation by the EBRD of a large loan without state guarantees for the projects of updating the fleet of Azerbaijan Caspian Shipping Company [ASCO], transferred to the management of the Azerbaijan Investment Holding, improving the infrastructure in the city of Ganja under the Street Lighting project as part of the 'Ganja-Green City Programme'," he said.
Caliber.Az
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