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ATIB & ADFIAP determine directions of cooperation

Business Materials 10 October 2009 12:48 (UTC +04:00)

Azerbaijan, Baku, Oct. 10 / Trend U.Ismayilova /

The Azerbaijan-Turkey Businessmen Association (ATIB) and Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) have signed a protocol on cooperation, the ATIB reported.

The sides agreed on cooperation in strengthening economic, social and cultural relations.

Under the protocol, the parties will assist the development of small, medium and large sized businesses, hold conferences and workshops, support the exchange of experiences to create a business network and strategic alliances.

The protocol was signed by chairman of ATIB Ahmed Erentok and secretary-general of the Association Octavio B. Peralta.

ADFIAP is a coordination centre of all development banks and other financial institutions involved in financing the development of the Asia-Pacific region. Its mission is to promote sustainable development through its members. The ADFIAP was founded in 1976 and currently has 109 institutional members in 41 countries.

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