Azerbaijan's Finance Minister and Member of the Board of Governors of the Asian Development Bank (ADB) Sahil Babayev has held an online meeting with Rachel Thompson, Executive Director representing Azerbaijan on the ADB Board of Directors, “Caspian Energy Media” reports with reference to the Ministry of Finance.
The meeting participants emphasized the importance of long-term successful cooperation between Azerbaijan and ADB, and exchanged views on the ADB Country Partnership Strategy for 2025-2029, which is currently under discussion, as well as on future lending programs for projects based on government priorities.
During the meeting, areas of future cooperation were discussed, including the expansion of the Baku Metro network, opportunities for cooperation in projects to develop transport infrastructure in Baku and adjacent areas, supply drinking water, reduce water losses and manage rainwater, as well as in the field of modernization of railway infrastructure.