The Launching Event of the EU-Azerbaijan Business Forum 2024-2026 was held in Baku
Jun 04, 2024
On 29 May 2024, COWI Belgium in collaboration with the Azerbaijan-France Chamber of Commerce and Industry (AFchamber) and InvestBaku, held the Launching Event of the EU-Azerbaijan Business Forum 2024-2026 project funded by the European Union.
The launching event brought together Ambassadors and diplomats of the EU Member States, representatives of chambers of commerce, and over 90 private companies.
The primary objective of the project is to promote economic cooperation between the EU and Azerbaijan, enhance awareness of the business climate and investment opportunities in Azerbaijan.
The event started with the opening remarks of Mr. Peter Michalko, Ambassador of the European Union to the Republic of Azerbaijan.
The event continued with a presentation from Ms. Zibar Huseynova Communication Strategy Team Leader of the Project, and Managing Director at Afchamber who provided a comprehensive overview detailing the EU-Azerbaijan Business Forum project's activities for 2024-2026. This included information on the launching of the survey of the EU Business Climate Report among European companies, upcoming EU-Azerbaijan Business forums and business missions to regions.
Afterwards, Mr. Javid Mustafayev, Executive Director at InvestBaku presented a new digital platform https://euazbusinessforum.az/ designed to facilitate networking between European and Azerbaijani businesses. The platform will provide opportunities for EU companies already operating or interested in working in Azerbaijanin the future to connect and share knowledge and establish direct contacts with potential business partners.
Finally, the event continued with a lively discussion on the topic and a Q&A session.
Latest
Mar 12, 2025
EU remains Azerbaijan's main trade partner - Ambassador
News
The European Union (EU) is the strongest market for Azerbaijan, said the Head of the EU Delegation to Azerbaijan, Ambassador Peter Michalko, APA-Economics reports
Mar 12, 2025
Italian Ambassador: Diplomatic relations between Italy and Azerbaijan are very strong
News
Diplomatic relations between Italy and Azerbaijan are very strong, said Italy's Ambassador to Azerbaijan, Luca Di Canfrancesco, while answering journalists' questions at ADA University, APA reports.
Mar 11, 2025
Azerbaijan, Spain ink MoU on Strategic Economic Cooperation
News
Azerbaijan’s Minister of Economy Mikayil Jabbarov met with María Amparo López Senovilla, Spain’s Secretary of State for Trade, to discuss prospects for strengthening economic cooperation between the two countries.
Mar 10, 2025
Azerbaijan and partners urge EU to grant PMI status for major green energy project
News
Azerbaijan, Georgia, Hungary, and Romania have sent a letter to the European Union Energy Commissioner, Kadri Simson, requesting Project of Mutual Interest (PMI) status for the "Black Sea Energy" project, a major underwater electricity cable initiative.
Mar 05, 2025
S&P reveals forecast for Azerbaijan’s foreign debt
News
“S&P Global Ratings” international rating agency has revealed its forecast regarding Azerbaijan’s foreign debt.
Feb 13, 2025
Spain hosts conference on EU-Azerbaijan relations
News
Spain has recently hosted a conference on European Union-Azerbaijan relations, jointly organized by the Center for the Analysis of International Relations (AIR Center) and King Juan Carlos University (Universidad Rey Juan Carlos) with the support of the Azerbaijani Embassy in Spain,
Jan 22, 2025
EBRD finances water infrastructure in Ganja, Azerbaijan
News
The EBRD has signed a €35m loan with Azerbaijan to upgrade Ganja’s water systems. Following the COP29 Azerbaijan memorandum, this is the first step in a larger programme to improve services for 300k+ residents.
Jan 11, 2025
Azerbaijan, Latvia explore prospects for tax cooperation
News
Orkhan Nazarli, Head of the State Tax Service under Azerbaijan’s Ministry of Economy, President of the Intra-European Organisation of Tax Administrations (IOTA), held a virtual meeting with Baiba Šmite-Roķe, Director General of the State Revenue Service of Latvia.
Jan 06, 2025
IFC issues manat bonds to boost Azerbaijan’s climate and social projects
News
The International Finance Corporation (IFC), a key member of the World Bank Group, has issued bonds denominated in Azerbaijani manat (AZN) to expand access to loans for small, micro, and medium enterprises in Azerbaijan.
Dec 27, 2024
Renewables account for 24.5% of EU energy use in 2023
News
In 2023, 24.5% of gross final energy consumption in the EU came from renewable sources, up by 1.4 percentage points compared with 2022.
Dec 26, 2024
Azerbaijan to digitise public administration with €43 million loan from EIB Global
News
The European Investment Bank’s global arm (EIB Global) has signed a €43 million loan agreement to develop a digital infrastructure for governmental services.
Dec 17, 2024
"Green Future" knowledge competition
News
If you are ready to transform your green ideas into powerful and tangible solutions, join the European Union's "Green Future" knowledge competition!