BAKU, Azerbaijan, December 10. Azerbaijan’s
Deputy Minister of Economy Samad Bashirli met with Head of the
Eurasia Division of the Global Relations and Cooperation
Directorate of the Organization for Economic Cooperation and
Development (OECD) William Thompson to discuss future cooperation
directions, the Ministry of Economy said in a statement, Trend reports.
The meeting emphasized that cooperation between Azerbaijan and
the OECD has been developing steadily over the years. At the
meeting, participants recognized the partnership’s tangible
outcomes in a variety of sectors, including but not limited to
digitalization, supporting economic diversification, developing
small and medium-sized businesses, and linking foreign investors
with local suppliers.
In addition, the discussion highlighted the role that high-level
meetings, webinars, and seminars played in the partnership’s
development.
The parties held a dialogue regarding prospective synergies
between Azerbaijan and the OECD, exploring avenues for
collaboration in corporate governance frameworks, financial
ecosystems, trade dynamics, and ancillary sectors.
Azerbaijan engages with the OECD through a partnership initiated
in 2009, focusing on economic reforms and governance under the
Eastern Europe and South Caucasus Initiative. Key cooperation areas
include economic diversification away from hydrocarbons, taxation
transparency achieving a “compliant” status, SME development,
corporate governance improvements, anti-corruption measures, and
investment promotion.
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