BAKU, Azerbaijan, April 25. The Ministry of Economy of Azerbaijan and UK Export Finance have discussed possible areas of cooperation, Trend reports.
According to the Ministry of Economy, Deputy Economy Minister Sahib Mammadov met with Emma Thomas, co-chair of UK Export Finance of the United Kingdom of Great Britain and Northern Ireland (UKEF), on issues of global origin.
The meeting was informed about Azerbaijan's economy, opportunities created for investors, and the economic potential of the territories liberated from occupation. Mentioning the measures taken in Azerbaijan in connection with COP29, the Deputy Minister emphasized the importance of cooperation in this context.
Emma Thomas, in turn, briefed on the activities of the organization she represents and noted the opportunities for partnership with Azerbaijan in infrastructure, transport, green energy, high technology, the digital economy, and other areas.
The sides discussed possible directions for relations, including the possibility of using UKEF's financial instruments in Azerbaijan and issues of continuing contacts to establish partnership.
To note, UK Export Finance (UKEF) is a UK government ministerial department and the nation’s export credit agency (ECA). We help exporters access working capital and manage the risk of not getting paid by offering a government guarantee. UKEF partners with private-sector finance providers to grow UK exports and international trade.
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