Azerbaijan to co-op with 3 more countries on business financing

The Enterprise Development Fund (EDF) under the Azerbaijani Economy Ministry plans to establish cooperation with relevant structures of other countries in the field of business financing and entrepreneurship promotion, Fateh Israfilzade, leading specialist of the Department of Strategic Analysis and International Relations of the EDF, told Report.

“The roadmap has already been signed with the Turkish Union for the Development and Support of Small and Medium Enterprises (KOSGEB) and is being successfully implemented. In addition, it is planned to establish cooperation on business financing with Russia, Estonia and Malaysia,” Israfilzade said.

In April last year, Azerbaijan and Kazakhstan signed a roadmap in support of business development.