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Tuesday, 05 March 2019 12:00

Ilham Aliyev receives EBRD delegation

Ilham Aliyev receives EBRD delegation

President of the Republic of Azerbaijan Ilham Aliyev has received a delegation led by President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti, Caspian Energy News ( reports with reference to the Azerbaijan State News Agency – AZERTAC.

Speaking about the long-lasting and successful cooperation between Azerbaijan and the European Bank for Reconstruction and Development, Ilham Aliyev said that the EBRD, which boosted projects worth over $3.5 billion, proved to be a reliable partner for Azerbaijan.

According to President Ilham Aliyev, the funds extended by the EBRD for the implementation of projects in Azerbaijan, heavily contribute to putting in place a modern infrastructure in the country. According to the head of state, Azerbaijan is now on the path of deliberate and progressive development. Large-scale reforms are being carried out in the country, which will bring good results this year and in the coming years.

Suma Chakrabarti, in his turn, noted that as a result of the reforms carried out in Azerbaijan in recent years transparency and efficiency have increased in a number of areas, including in the border and customs services, changes have been made in the tax system, the services of the ASAN system have significantly expanded. Suma Chakrabarti stressed the importance of the fact that Azerbaijan has risen to 25th place in the World Bank’s “Doing Business 2019 report and regarded it as a great success.

During the meeting, the EBRD expressed interest in cooperating with Azerbaijan in new areas. The sides exchanged views on cooperation in the development of the non-oil sector, urban transport, renewable energy and other areas.

More details:

Person in charge of the newsline: Olga Nagiyeva 

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