Black Sea Trade and Development Bank business forum to be held in Baku

The 28th Annual Meeting and Business Forum of the Black Sea Trade and Development Bank will be held in Baku.

As reported by the Ministry of Finance of Azerbaijan, on July 1-2 in the city of Baku under the chairmanship of the Republic of Azerbaijan, the 28th Annual Meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB) and the Business Forum will take place.

During the Annual Meeting, the results of the Bank’s activities will be reviewed, the financial statements for 2025 will be approved, and further directions of the Bank’s activities and issues of institutional development will be discussed.

Within the framework of the meeting, a Business Forum on the topic “Connecting Markets, Diversifying Economies: Azerbaijan as a Regional Hub” will be held, where discussions will take place on Azerbaijan’s economic development priorities, strengthening regional cooperation, as well as projects implemented by the BSTDB in our country, current trends and challenges in the field of development financing.

In addition, in accordance with the Forum’s agenda, issues of expanding regional ties, the contribution of diversified financing mechanisms to sustainable economic growth, as well as Azerbaijan’s role as an important economic and transport hub between Europe and Asia will be in the spotlight.

Within the framework of the event, various presentations, plenary sessions and business discussions are planned, as well as the organization of bilateral meetings (B2B) between entrepreneurs and representatives of financial institutions.

The BSTDB is a multilateral international development institution established by 11 member states of the Black Sea Economic Cooperation Organization – Albania, Azerbaijan, Armenia, Bulgaria, Georgia, Moldova, Romania, the Russian Federation, Turkey, Greece and Ukraine. The headquarters is located in the city of Thessaloniki (Greece).

The BSTDB serves to promote sustainable economic development and regional cooperation in the member countries, carrying out activities to finance public and private sector projects, provide loans and credit lines, issue investments and guarantees, as well as trade finance.