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BAKU, Azerbaijan, December 19. Azerbaijani
Prime Minister Ali Asadov met with a delegation of the
Worldwide Finance Company (IFC) Regional Vice President for
Europe, Latin America & Caribbean within the World Financial institution Group (WBG)
Garcia Mora at the moment, on December 19, Pattern stories.
It was famous that Azerbaijan attaches nice significance to
cooperation with the World Financial institution and the buildings of the World
Financial institution Group.
On this regard, the significance of a long-term efficient
partnership with IFC was emphasised.
It was famous that over the previous interval, the IFC has supported
the belief of tasks in numerous spheres in Azerbaijan.
Points associated to the belief of potential tasks with the
World Financial institution, together with the IFC, within the spheres which are priorities
for the federal government of the nation have been mentioned, and it was famous
that these tasks could also be associated to “The Huge Return” to the
territories liberated from Armenian occupation, a rise of
employment, creation of inexperienced cities, enlargement of the Southern Fuel
Hall challenge, actions of Baku Shipyard, development of wind
power infrastructure and different instructions.
It was famous that over the previous years, Azerbaijan has turned
from a low-income nation right into a high-income donor nation, and it
was emphasised that the nation has been a donor of the World Financial institution
since 2021. Focused measures are taken in Azerbaijan to enhance
the enterprise local weather, forestall unfair competitors, and stimulate
entrepreneurial exercise.
On the identical time, it was emphasised that the event of
non-oil economic system is without doubt one of the most important priorities. Numerous forms of
preferential and credit score mechanisms are utilized within the agricultural
sector. It was dropped at consideration that by means of public-private
partnership mechanisms, constant measures are being carried out
to reinforce the position of the personal sector in financial improvement.
Improvement of a aggressive economic system and agriculture, in addition to
promotion and assist of public-private partnership tasks, are
the principle instructions of the Worldwide Finance Company’s
exercise in Azerbaijan, and the nation is serious about persevering with
cooperation in related spheres.
Furthermore, it was famous that Azerbaijan helps the worldwide struggle
in opposition to local weather change and constantly works in the direction of attaining
power effectivity. Massive-scale work carried out within the liberated
territories of the nation, together with tasks associated to the
creation of a inexperienced power zone, environmentally pleasant
transportation, sensible cities, and villages are clear proof of this.
On this regard, the significance of the longer term holding of the twenty ninth
session of the Convention of the Events to the UN Framework
Conference on Local weather Change – COP29 in Azerbaijan was
emphasised.
Moreover, it was famous that attracting investments in
renewable power sources, and making certain transition to ‘clear’ power
are among the many most important priorities of power coverage in Azerbaijan, and
there are good alternatives for efficient partnership in these
instructions.
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