Azerbaijan, World Bank mull expanding co-op

Azerbaijan's Economy Minister Mikayil Jabbarov met with Anna Bjerde, World Bank Vice President for Europe and Central Asia, Report informs.

The minister noted that Azerbaijan attaches great importance to the partnership with international financial institutions, including the World Bank, and praised the bank's technical assistance and financial support. Jabbarov stressed that cooperation between Azerbaijan and the World Bank in various fields is essential for applying best international practices.

The sides focused on the measures taken to diversify the Azerbaijani economy, develop the non-oil sector, promote investment, and improve the business environment. Anna Bjerde underlined the World Bank's fruitful cooperation with Azerbaijan and expressed support for economic reforms in Azerbaijan.

The sides discussed the implementation of joint projects and new areas of cooperation.