Baku Declaration approved as result of first forum of sovereign funds
Azerbaijan, Baku, October 9 / Trend /
Baku Declaration was approved in Azerbaijan on October 9 as a result of the international forum of Sovereign Wealth Funds to continue development of stabile financial system and free capital and investments movement.
During the forum Azerbaijani Minister of Finance Samir Sharifov said that sovereign funds have great potential to create the platform which allows continuing a dialogue with private sector and corresponding organizations.
Participants of the forum discussed different issues during current world financial-economic crisis and exchanged views on investment climate for sovereign investors.
The next forum of Sovereign Wealth Funds will be held in Australia in May 2010.