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Wednesday, 08 February 2017 18:30

Caspian Ambassadors Club’s traditional round table held Featured

Caspian Ambassadors Club’s traditional round table held

Caspian European Club (Сaspian Business Club) and Caspian American Club have held a traditional round table of the Caspian Ambassadors Club in Baku today (February 8).


Problems faced by entrepreneurs of countries which have diplomatic missions functioning in Azerbaijan, issues concerning business doing in different regions of the country, as well as proposals on expansion of cooperation in different sectors of economy were discussed at the meeting.

First Deputy Chairman and Chief Executive Officer of the Caspian European Club (Caspian Business Club) and Caspian American Club Telman Aliyev stated at the session that it is a traditional meeting which twice a year discusses not only business problems, proposals on improvement of the investment climate, reforms introduced in the country but also conducts share of opinions and proposals in open format.

According to him, ‘the results of discussions will be submitted as a special report to the Chairman of the Caspian European Club (Сaspian Business Club) and Caspian American Club, President of Azerbaijan His Excellency Ilham Aliyev’.

He reminded that a new union, Caspian American Club, had been established on December 24, 2016. Its management and control has been assigned to the Caspian European Club (Caspian Business Club).

According to him, CEO Lunch will be held every third Wednesday of the month. Informal interaction between heads of government structures, representing the economic bloc of the government, heads of diplomatic missions and top-managers of CEIBC member companies will be established.

Addressing the meeting Head of the Investment Committee of the Caspian European Club (Сaspian Business Club) and Caspian American Club Mamed Abbasbeyli noted that the major goal of the Caspian Ambassadors Club is to organize a platform so that companies could work at their domestic and foreign markets, lobby interests of companies and present their proposals to the government.

According to him, another goal of the Caspian Ambassadors Club is to attract foreign business to Azerbaijan, exchange opinions and experience to ensure further improvement of the investment climate. Heads of diplomatic missions also make proposals for this purpose, he noted.

Mamed Abbasbeyli also noted about open talks held within the framework of the Caspian Ambassadors Club. Discussed at these talks are economic and business issues which afterwards are taken to the governments of countries.

Ambassadors and diplomatic representatives who attended the round table familiarized themselves with issues, problems and proposals of the Azerbaijani entrepreneurs about business doing in the markets of countries they represent. Companies and heads of diplomatic missions held an open format dialogue.

The ambassadors of foreign states expressed their opinion about the road maps which are realized in Azerbaijan and aimed at developing different sectors of economy.

Telman Aliyev reminded that the Caspian European Club (Caspian Business Club) was established in June of 2002 under support of the largest oil-gas companies, operating in the Caspian-BlackSea region. His Excellency Ilham Aliyev, President of the Republic of Azerbaijan, is the Chairman of the Caspian European Club (Caspian Business Club). Telman Aliyev noted that the initiative of creation of the Caspian American Club also belongs to the President of Azerbaijan.

According to him, since the moment of establishment Caspian European Club (Caspian Business Club) has been promoting attraction of oil industry revenues towards the development of the non-oil sector. Caspian European Club (Caspian Business Club), which brings together over 5,000 companies and organizations, operates in 50 countries of the world, carries out an active work to maintain the dialogue between the government agencies and private sector.

The event was attended by over 20 Ambassadors and 30 representatives from embassies, accredited in the Republic of Azerbaijan, over 100 businessmen from Azerbaijan, Kazakhstan, Russia, Turkey, EU, as well as representatives of international financial organizations. 

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