Azerbaijan, Asian Development Bank discuss future initiatives

Azerbaijan’s Economy Minister Jeyhun Bayramov met with Bhargav Dasgupta, Vice-President for Market Solutions at the Asian Development Bank (ADB), to review the progress of their ongoing cooperation and discuss future collaboration.

In a statement posted on X, Bayramov expressed satisfaction with the strengthening of Azerbaijan-ADB relations and the achievements made so far, Caliber.Az reports.

During our meeting with Bhargav Dasgupta, Vice-President for Market Solutions at the Asian Development Bank (ADB) (@ADB_HQ), we expressed satisfaction with the strengthening of #Azerbaijan–ADB cooperation and the results achieved to date.

Our discussions focused on the next… pic.twitter.com/78xodcDvxt

— Mikayil Jabbarov (@MikayilJabbarov) September 29, 2025

The discussions centered on the upcoming steps under the ADB’s Country Partnership Strategy for Azerbaijan 2025–2029, with a focus on supporting the private sector and exploring joint initiatives in renewable energy and the privatisation of state-owned enterprises.

Bayramov also emphasised the importance of expanding cooperation to promote economic diversification and ensure inclusive growth in Azerbaijan.

 By Sabina Mammadli