The SOFAZ top management welcomed the President of the European Bank for Reconstruction and Development (EBRD), Ms. Odile Renaud-Basson, and a delegation within the framework of her visit to Azerbaijan.

Over the business meeting, the EBRD delegation was provided with an overview on the role of the Fund in ensuring macroeconomic stability in the country and introduced to its investment policy and the main directions of its investment portfolio.

In his speech, SOFAZ CEO Mr. Israfil Mammadov mentioned the main goals of Azerbaijan's 2022-2026 Socio-Economic Development Strategy and emphasized the importance of continued cooperation in this field with the international financial organizations operating in the country. He acknowledged the impact of medium and long-term projects financed by the EBRD to diversify the country's economy.

During the meeting, Ms. Odile Renaud-Basson expressed her views on the future activities of the multilateral institution directed by her and the potential directions for collaboration with SOFAZ.