Azerbaijan, EBRD discuss investment stimulation PHOTO

Azerbaijani Economy Minister Mikayil Jabbarov and European Bank for Reconstruction and Development’s (EBRD) Eastern Europe and the Caucasus Managing Director Matteo Patrone discussed efficient cooperation.

During the meeting, the sides also exchanged views on the stimulation of investments, as well as the reforms carried out for improving the business environment, Caliber.Az reports, citing Jabbarov’s Twitter.

During the meeting with the delegation of the European Bank for Reconstruction and Development (@EBRD) led by the Managing Director of the Bank for Eastern Europe and the Caucasus Matteo Patrone (@MatteoPatrone3), we exchanged views on the efficient cooperation of our country… pic.twitter.com/Yje783dSAB

— Mikayil Jabbarov (@MikayilJabbarov) July 4, 2023

The EBRD is an important institutional investor in Azerbaijan. Azerbaijan has been a member of the EBRD since 1992. To date, the Bank has invested €3.6 billion through 188 projects in the country. It also provides business advice to local small and medium-sized enterprises and has helped more than 1,000 firms to improve their performance and growth.