IsDB to Deepen its Cooperation with Azerbaijan in Key Areas of Economic Development

Building on the long-standing relationship between the Islamic Development Bank (IsDB) and Azerbaijan, IsDB President, Dr Bandar Hajjar and Minister of Economy and IsDB Governor for the Republic of Azerbaijan, His Excellency Mikayil Jabbarov, discussed the strengthening of their economic and financial partnership, along with the expansion of cooperation in priority areas. This took place at a virtual meeting on the 26th of May 2021.

Why it Matters?

Minister Jabbarov highlighted the commitment by the Government of the Republic of Azerbaijan to accelerate the investment environment within the private sector. The aim is to encourage more Foreign Direct Investment (FDI) flows into the country to generate more employment and further revive the economy.

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