ADB and Azerbaijan Communication to Sign Memo on Cooperation

ICT Materials 22 December 2006 11:22 (UTC +04:00)

Ali Abbasov, the Azerbaijan Ministry for Communications and Information Technologies, met with the Asian Development Bank (ADB) Manager on Central and West Asia, Stephan Vermarat.

The Ministry informed Trend that the discussion focused on financing measures within the framework of the regional innovations zones, to be established in Azerbaijan, opportunities for ADB financing the infrastructure projects to be implemented by Aztelekom, Baki Telefon Rabitasi.

The sides came to an agreement to sign a memorandum on cooperation in 2007.