News/Press

A first public-private working group meeting on supporting the implementation and monitoring of Azerbaijan's SME Roadmap will take place on 7 December in Baku, as part of the project ‘EU4Business: From Policies to Action’, implemented by the OECD across the Eastern Partnership and funded by the EU in the framework of the EU4Business initiative. A specific component on ‘supporting the...
The 5th Eastern Partnership Summit took place in Brussels on 24 November, marking the achievements of the last two years in the EU's relationships with its six Eastern partners, while looking forward to implementing 20 deliverables by 2020 that will bring tangible benefits to citizens, including significant pledges in the area of business support. The Summit brought together Heads of State or...
Brussels, 24 November 2017 The 5th Eastern Partnership Summit took place today in Brussels. It was a moment to celebrate the achievements of the last two years in the EU's relationships with its six Eastern partners, and to look forward to implementing 20 deliverables by 2020 that will bring tangible benefits to citizens. The Summit, held at the level of Heads of State or Government, brought...
On the eve of the 5th Eastern Partnership (EaP) summit in Brussels, EUROCHAMBRES – the Association of European Chambers of Commerce and Industry and a key partner of the EU4Business initiative in the East Invest programme – has called for a strong political engagement of the European Union in the EaP countries, and underlined the importance of further economic reforms, development of the private...
The 5 th Eastern Partnership (EaP) summit will take place in Brussels on Friday, 24 November, bringing together heads of state and government from EU member states and the six Eastern partner countries. Among the priority areas to be discussed are economic development and better market opportunities. The leaders will look forward to future cooperation, as well as taking stock of what has been...
Azerbaijan has published a strategic roadmap for the development of trade and logistics, setting short, medium and long-term policy directions for economic development, but also defining a series of strategic priorities and actions to achieve those objectives. Azerbaijan’s vision in logistics and trade by 2020 is to achieve the creation of added value for regional transit freight, in addition to...
The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – signed today the first guarantee agreements with ProCredit Holding and its subsidiaries in order to support EUR 100 million of lending to small and medium-sized enterprises (SMEs) in Georgia, Moldova and Ukraine under EU4Business initiative. These agreements will enable the ProCredit banks in these...
Caption: Azerbaijan has set nine targets for agriculture by 2020
The government of Azerbaijan has set nine strategic targets for the production and processing of agricultural products. The 2016-2020 strategic roadmap for the sector aims to create a favourable environment for the production and processing sector of competitive agricultural products, based on principles of sustainable development. Among its targets by 2020, the roadmap aims to see the creation...
The launch of the new project on ‘Development of competiveness in key non-oil manufacturing sectors of the economy of the Republic of Azerbaijan’
A two-year project aimed at developing competiveness in key non-oil manufacturing sectors of the economy in Azerbaijan was launched on 20 September, 2017. Funded by the European Union, the project is implemented by the Latvian Chamber of Commerce and Industry. The project will support the government of Azerbaijan in its effort to diversify and broaden the growth base of its economy, a challenge...
Farid Malikov (centre), executive director of PESI in Azerbaijan, visits a facility in Slovakia as part of his training with the Slovak Chamber of Trade and Industry  (Trenčín branch) in the frame of the BSO Exchange scheme as part of the East Invest 2 programme of the EU4Business initiative.
The Slovak Chamber of Trade and Industry (Trenčín branch) has been helping an Azerbaijani business association understand better how it can contribute to creating a successful vocational education and training (VET) system in Azerbaijan. Farid Malikov, executive director of the Partnership for Economic and Social Initiatives (PESI) in Azerbaijan, an independent think tank on the market economy...