Azerbaijan, Egypt eye expanded trade, investment during ministerial talks PHOTO

Azerbaijani Economy Minister Mikayil Jabbarov has met with Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, to discuss avenues for enhancing bilateral economic collaboration.

“As part of the Annual Meeting of the European Bank for Reconstruction and Development, we met with Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation. During the meeting, we emphasised the importance of diversifying economic cooperation between our countries and explored opportunities to enhance joint activities in trade, investment, energy, SMB development, industry, infrastructure, and transport-logistics,” Caliber.Az reports, citing Jabbarov’s message on X.

As part of the Annual Meeting of the European Bank for Reconstruction and Development (@EBRD), we met with Rania Al-Mashat (@RaniaAlMashat), Egypt’s Minister of Planning, Economic Development and International Cooperation. During the meeting, we emphasized the importance of… pic.twitter.com/Daj8OTjK7R

— Mikayil Jabbarov (@MikayilJabbarov) May 14, 2025

“During the Annual Meeting of the European Bank for Reconstruction and Development, we met with Lionel Rapaille, Director of the European Investment Bank. We exchanged views on supporting business entities to stimulate investment, economic growth, and job creation. Our discussions also covered cooperation on infrastructure projects and ways to enhance the effectiveness of joint initiatives,” Jabbarov wrote. 

During the Annual Meeting of the European Bank for Reconstruction and Development (@EBRD), we met with Lionel Rapaille, Director of the European Investment Bank (@EIB). We exchanged views on supporting business entities to stimulate investment, economic growth, and job creation.… pic.twitter.com/TThbVhp7xi

— Mikayil Jabbarov (@MikayilJabbarov) May 14, 2025

The European Investment Bank (EIB) is one of the world’s largest multilateral financial institutions. Its primary mission is to support projects that advance EU policy goals, such as economic development, climate action, innovation, infrastructure, and regional cohesion. The EIB provides long-term financing for both public and private sector projects within the EU and in over 140 countries worldwide. In recent years, the EIB has taken a leading role in financing green and sustainable development, pledging to become the EU Climate Bank by aligning all its operations with the Paris Agreement.

By Naila Huseynova