Azerbaijan`s Economy Minister attends sessions and meeting held as part of EBRD Annual Meeting

Economy 10:37 16.05.2025

Economy Minister Mikayil Jabbarov, who is visiting the United Kingdom to attend the Annual Meeting of the European Bank for Reconstruction and Development,participated in the opening and plenary sessions of the EBRD Board of Governors.

European Bank for Reconstruction and Development Board of Governors opening session focused on discussions of the best practices and potential opportunities related to the effective use of economic resources amid global challenges, the formation of infrastructure that supports climate action, digital transformation, investments in modern business solutions, industrial policy, and social security.

European Bank for Reconstruction and Development's Annual Meeting also featured a plenary session of the EBRD's Board of Governors. Minister of Economy Mikayil Jabbarov delivered a speech at the event, highlighting the EBRD's continued support for its partner countries. He noted that the past year was marked by major investments and projects, which demonstrates the bank's growing influence in the international financial sphere.

He stressed the importance of cooperation in areas such as the development of public-private partnerships and expanding support for small and medium-sized enterprises.

Emphasizing that Azerbaijan is committed to addressing global challenges and advancing the green transition process, the minister noted that the country demonstrated global leadership by hosting COP29 and reached a landmark agreement to triple climate finance for developing countries. This agreement envisions providing $300 billion annually in climate finance to those countries by 2035.

As part of the visit, Minister Mikayil Jabbarov met with Ted MoynihDNan, Global Head of Industries at Oliver Wyman Group. The meeting provided information on the initiatives done in Azerbaijan to diversify the economy and develop the non-oil sector. The parties deliberated on cooperation opportunities to increase added value and exports in the country's economy and attract investments, against the backdrop of current challenges in the business environment.

Madina Mammadova\\EDnews

IEPF issued a statement regarding Azerbaijani children at the UN Human Rights Council

News line

IEPF has started a new project to support local NGOs
16:05 04.06.2025
Zelenskyy says Ukraine has invitation to attend NATO summit
12:03 03.06.2025
Houthis say they attacked Tel Aviv’s Ben Gurion Airport
11:57 03.06.2025
Pakistan thanks Azerbaijan for support in localizing gas resources
11:50 03.06.2025
TPAO joins production sharing agreement for Shafag-Asiman offshore block
11:43 03.06.2025
US tariffs on steel, aluminum imports of 50% to take effect on June 4
11:50 31.05.2025
Lachin Rising: A Brotherhood of Steel Between Pakistan, Türkiye, and Azerbaijan
15:02 30.05.2025
"Türkiye welcomes Azerbaijan's efforts for peace in South Caucasus"
14:53 27.05.2025
Trump could exit Ukraine talks
13:56 27.05.2025
North Korea says US 'Golden Dome' risks 'space nuclear war'
12:01 27.05.2025
Hikmat Hajiyev meets with NATO Deputy Secretary General in Brussels
11:10 23.05.2025
Foreign diplomats visit Agdam Conference Center
21:35 21.05.2025
New Secondary School Opened in Gakh by Heydar Aliyev Foundation
21:22 21.05.2025
Azerbaijani and Turkish Presidents Meet One-on-One in Nakhchivan
21:03 21.05.2025
Opening ceremony of World Cup held in Baku
20:57 21.05.2025
Pashinyan, EU Envoys Discuss Armenia-Azerbaijan Peace
19:52 21.05.2025
New Deputy Appointed to Nakhchivan Education Minister
19:20 21.05.2025
Nakhchivan marks Türkiye’s National Sovereignty and Children’s Day
17:42 21.05.2025
F.Shafiyev: Azerbaijan-Türkiye unity is example of effective cooperation
17:35 21.05.2025
Azerbaijan to build circular power link in Karabakh
17:28 21.05.2025
Azerbaijan, Italy discuss prospects for defense cooperation
17:19 21.05.2025
Ilham Aliyev addresses conference on Western Azerbaijan in Ankara
17:14 21.05.2025
Ilham Aliyev: Azerbaijan and Türkiye uphold international law for regional stability
17:03 21.05.2025
President of Cuba congratulates President Ilham Aliyev
16:58 21.05.2025
Azerbaijani President: Digitalization of the Middle Corridor is a priority
16:53 21.05.2025
Erdogan: Ilham Aliyev will be remembered as a peacemaker
16:48 21.05.2025
TDT: Azerbaijan is very important for the development of the Turkic world
16:43 21.05.2025
Georgian minister discusses cooperation with Azerbaijani ambassador
16:35 21.05.2025
Azerbaijan, Türkiye mull prospects for development of military cooperation
16:29 21.05.2025
Azerbaijan and Croatia hold political consultations
16:24 21.05.2025
GlobE Network work plan for 2025 approved in Baku
16:18 21.05.2025
Talks between Azerbaijan and Armenia may be held at level of heads of state
12:21 19.05.2025
A Meeting of Nobles exhibition to open in Shusha
12:15 19.05.2025
Azerbaijan increases construction by over 2026
12:09 19.05.2025
How does space "sound"? -NASA created "music" from the sounds of black hole
12:03 19.05.2025
Azerbaijan joins Fez Festival of World Sacred Music
11:57 19.05.2025
Azerbaijan’s parliamentary delegation starts official visit to Spain
11:53 19.05.2025
EU countries agree on big defence fund with Azerbaijan- Diplomat Says
11:48 19.05.2025
Azerbaijan,Türkiye Hold Talks on Education Sector Cooperation
11:42 19.05.2025
Azerbaijani delegation attends Russia-Islamic World: Kazan Forum 2025
11:36 19.05.2025
Hamısı