Azerbaijan to sign agreements with EU, World Bank

The European Union (EU) and the World Bank will sign an agreement to provide a grant to Azerbaijan, Report informs.

As much as $5.25 million will be allocated under the Azerbaijan Technical Assistance Tool project.

The funds will be provided by the EU and the project will be implemented by the World Bank.

The project will be implemented over three years in four strategic directions and nine areas of activity defined by the EU for Azerbaijan.