Azerbaijan seeks deeper financial cooperation with Black Sea Trade Bank

Azerbaijan is exploring ways to deepen financial and investment cooperation with the Black Sea Trade and Development Bank (BSTDB) following high-level talks between the Minister of Economy Mikayil Jabbarov and the President of the BlSTDB Serhat Köksal on the sidelines of the Islamic Development Bank Group’s Annual Meetings.

Minister Jababrov reported the meeting on his account on the social media platform X, Caliber.Az reports.

Within the framework of the Annual Meetings of the Islamic Development Bank Group (@isdb_group), we met with Serhat Köksal, President of the Black Sea Trade and Development Bank (@BSTDB). We discussed prospects for expanding cooperation between #Azerbaijan and the BSTDB, the… pic.twitter.com/cT9TG1Bafk

— Mikayil Jabbarov (@MikayilJabbarov) June 19, 2026

“Within the framework of the Annual Meetings of the Islamic Development Bank Group (@isdb_group), we met with Serhat Köksal, President of the Black Sea Trade and Development Bank (@BSTDB). We discussed prospects for expanding cooperation between Azerbaijan and the BSTDB, the Bank's participation in projects planned for implementation in our country, including public-private partnership initiatives, as well as opportunities to make use of relevant financial instruments,” the post by the minister reads.

By Vafa Guliyeva