Azerbaijan to implement joint research projects with CAREC Institute

The Economic and Social Research Institute (ESRI) of the Ministry of Economy of the Republic of Azerbaijan will implement several research projects at the end of this year or the beginning of next year in cooperation with the Central Asian Regional Economic Cooperation Program (CAREC) Institute of the Asian Development Bank (ADB), Mahir Humbatov, chairman of ESRI's Board of Directors, said.

According to him, these projects will be related to digitization, transport corridors, logistics, trade facilitation, and capacity building: "It is also planned to conduct joint research with the staff of CAREC member countries. We received appeals from think tanks of member countries, and as a continuation of them, we will witness the signing of other memorandums of understanding."