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CIS Financial and Banking Council organizes int'l conference in Baku

ICT Materials 30 August 2010 13:49 (UTC +04:00)

Azerbaijan, Baku, August 30 / Trend /

The Third International Baku Conference of CIS Member-States on "Financial Institutions - The Basis of the CIS Economy's Structural Modernization" will be held this year.

The CIS Financial and Banking Council is organizing the event. General Director Pavel Nefidov has invited businessmen throughout the CIS to attend the landmark forum.

"The mere fact that we are holding such a conference for the third time shows that we have create a great tradition," he said. "Economic, financial and banking communities in the CIS meet annually in the capital of Azerbaijan to discuss financial market integration, the international division of labor, and tools to realize integration programs."

Nefidov added that modernization programs cannot be implemented successfully in the region without the financial support of CIS state banks.

"We expect that the conference will provide preconditions to allow modernization projects to be implement in the CIS," he said.

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