News/Press

The Eastern Partnership (EaP) Trade Helpdesk, a new EU4Business project implemented by the International Trade Centre (ITC), a joint agency of the United Nations and the World Trade Organization, was launched in late 2019. The 5 year long initiative aims to increase economic ties between the EU and the EaP countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine). The project will:...
“EU4Business: Connecting Companies” is the name of an ambitious new action funded under the EU4Business initiative of the European Union and managed by EUROCHAMBRES . The main aim is to promote trade between the EU Member States & the 6 Eastern Partnership (EaP) countries: Armenia, Azerbaijan, Belarus, Georgia, Moldova & Ukraine. The “EU4Business: Connecting Companies” project is expected...
New tool to help boost agricultural lending in Azerbaijan AzALES allows better risk assessment and faster processing of loan applications Innovation to support agricultural producers with access to finance Banks in Azerbaijan are expected to increase their capacity to lend to local farmers and agricultural firms thanks to a new, innovative tool to evaluate loans in the sector. The Azerbaijan...
EU4Business General Assembly: looking back on a decade of achievements and forward to the challenges ahead
The third meeting of the EU4Business General Assembly took place on 28 June 2019 in Brussels, and marked the 10th anniversary of the EU4Business Initiative. During this high-level event, the EU4Business Secretariat shared the results achieved during the last decade, as well as the progress made specifically in 2018. The 2019 General Assembly provided a unique opportunity for 83 participants,...
The OECD held in Baku the SBA Public-Private Reconciliation meeting on 16 May 2019.
On 16 May, the OECD held a meeting in the Azerbaijani capital Baku to discuss the 2020 Small Business Act for Europe (SBA) Assessment, organised in the framework of the EU-funded project ‘ EU4Business: From Policies to Action ’. The Small Business Act for Europe (SBA) is an overarching framework for EU policy on SMEs. It aims to improve the approach to entrepreneurship in Europe, simplify the...
EFSE’s main target group is micro and small enterprises (MSEs) and low-income households
The European Fund for Southeast Europe (EFSE) has announced the expansion of its fund structure to promote lending in local currencies. Backed by a contribution of €44 million from the European Union’s EU4Business initiative, and €12 million from the German Federal Ministry of Economic Cooperation and Development (BMZ), the new ‘L-shares’ will be used to enhance local currency financing in the...
EU Commissioner Hahn at the Business Forum with the EU4Business Secretariat’s team
The European Union has issued a strong message of support for economic growth and jobs in its Eastern Partner countries, during two high-level Eastern Partnership (EaP) events held in Vienna on 6 and 7 December. “ It’s our aim to export stability, prosperity and consequently resilience in the area of the economy, society but also policy,” Commissioner for EU Neighborhood Policy and Enlargement,...
Beneficiaries of the EU-UNDP project
In the north-west regions of Azerbaijan, the UNDP and the government are helping local communities establish smallholder family businesses , with substantial financial support from the European Union, as part of the EU4Business initiative. The joint project signed just under a year ago aims to promote rural entrepreneurship, inclusive employment and technological innovation in 6 regions of the...
Participants in the STAREP workshop in Vienna
A two-day workshop in Vienna on November 28-29 has brought together participants from three regional programmes – STAREP, EU-REPARIS, and PULSAR – which support enhanced financial reporting practices in the private and public sectors in the EU-Eastern Partnership countries and the Western Balkans. STAREP is an EU4Business programme on Strengthening Auditing and Reporting in the Eastern...
Today in Vienna, the Austrian Presidency of the Council of the European Union together with the European Commission will host the 5 th Eastern Partnership Business Forum followed by the Eastern Partnership’s Annual Conference on 7 December. The two events will bring together high level representatives from the EU and the six Eastern Partners - Armenia , Azerbaijan , Belarus , Georgia , the...