UN Global Compact Network officially launched in Azerbaijan
Azerbaijan, Baku, November 30 / Trend, N. Ismailova /
The United Nations Global Compact Network (GCN) was officially launched in Azerbaijan on Wednesday, Nato Alkhazishvili, UNDP Deputy Permanent Envoy to Azerbaijan, told journalists on Wednesday.
"The measure will unite the leaders of the country's business community and allow them to follow the 10 basic principles of the GCN and establish a constructive dialogue in this direction. We believe that the private sector plays a substantial role in the stimulation of development. It also plays a significant role in poverty alleviation and increasing people's incomes." Ms Alkhazishvili reported.
As she noted, the 10 basic principles of the GCN cover the following four major directions, human rights defence; labour relations; environment; and corruption counteraction.
The UN GCN official launch in Azerbaijan is timed with the signing of a memorandum between Azerbaijani insurer Qarant Sigorta and the UN GCN. This was signed by Fuad Allahverdiyev, Qarant Sigorta board chairman and Valid Nagi, head of the UN GCN regional network covering the Middle East, North Africa, and Europe.
Ms Alkhazishvili said 16 Azerbaijani companies have already joined the GCN. However the signing of the memorandum will trigger development of the UN GCN local network.
Norway's Ambassador to Azerbaijan Erling Shonsberg said at the project's launch ceremony that Azerbaijan is a country with great potential and that its participation in the UN GCN will further strengthen its development.
The GCN is a purely voluntary initiative pursuing two key goals. Worldwide integration of the 10 principles with entrepreneurial activity and the stimulation of actions to support the UN's broader development aims, such as the Millennium goals.