BAKU, Azerbaijan, June 7. First Deputy Minister
of Economy Elnur Aliyev participated in the plenary session of the
Board of Governors of the European Bank for Reconstruction and
Development (EBRD) held in Riga, Trend reports citing Azerbaijan’s Ministry of
Economy.
The session reviewed the EBRD’s 2025 Annual Review, the
Strategic and Capital Framework for 2026–2030, the report on the
implementation of commitments related to the 2023 capital increase,
the strategy implementation plan, as well as the Bank’s
institutional activities and financial statements. Participants
discussed the EBRD’s future priorities, promoting sustainable
economic growth, green and digital transformation, private sector
development, strengthening economic resilience, investing in human
capital, and expanding regional cooperation.
Elnur Aliyev also spoke at a roundtable discussion titled “The
Role of the EBRD in Supporting Conflict-Affected Economies.” During
his remarks, he highlighted the impact of conflicts on economies,
investments, and regional connectivity. He noted that recovery
efforts extend beyond infrastructure reconstruction and also
involve revitalizing economic activity, supporting the private
sector, and ensuring long-term resilience.
Participants were briefed on the reconstruction and
reintegration process in Azerbaijan’s liberated territories,
infrastructure development, employment promotion, support for small
and medium-sized enterprises, and measures aimed at strengthening
regional connectivity.
It was noted that the EBRD can make a significant contribution
to the development of conflict-affected economies by attracting
private investment, improving governance, enhancing energy
security, and supporting transport and regional connectivity
projects.
