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USAID hosts summit to promote Women's Entrepreneurship in Azerbaijan (PHOTO)

Economy Materials 30 June 2021 10:26 (UTC +04:00)
USAID hosts summit to promote Women's Entrepreneurship in Azerbaijan (PHOTO)

BAKU, Azerbaijan, June 30

By Fidan Babayeva - Trend:

The US Agency for International Development (USAID) has announced the creation of the platform ‘Women National Business Agenda’ for the first time in Azerbaijan, Trend reports via event.

The platform will provide innovative recommendations to increase women's participation in the commercial sector, USAID Mission Director for Azerbaijan Jay Singh said.

According to Singh, Azerbaijani women associations and entrepreneurs showed great interest in activities to contribute to the economic reforms carried out by the Azerbaijani government and create a single alliance to strengthen women entrepreneurship.

“Through these initiatives, we create an even better business environment, especially for women, and reduce administrative barriers that hinder their competition. Working together to strengthen women-led organizations and companies, we view women entrepreneurship as a key economic force in the national economy,” said the USAID mission director.

In the course of the event, Shelale Kamilova, Head of the women's component in associations within the USAID private sector development project, said that for the first time in Azerbaijan, this platform represents a broad base that will contribute to the development of women's entrepreneurship.

The goal of the USAID Private Sector Development Project (2019-2024) is to increase the resilience of the Azerbaijani economy, create an even more favorable business environment for entrepreneurs, increase the competitiveness of the private sector and the potential of business service providers, and remove obstacles to the development of micro and small and medium-sized enterprises, involving women in economic activities.

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