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Bulgaria to chair 29th Annual Meeting of BSTDB Board of Governors in 2027

01 July 2026 11:29 (UTC +04:00)

The chairmanship of the 29th Annual Meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB) in 2027 has been transferred to Bulgaria, APA-Economics reports.

This was announced at the 28th Annual Meeting of the Bank's Board of Governors held in Baku.

Note that at the meeting chaired by Azerbaijan on July 1, the results of the BSTDB's activities for 2025 were assessed, the financial statements were approved, and the 2026 budget was also discussed.

The meeting will continue on July 2 with a Business Forum titled "Connecting Markets and Diversifying Economies: Azerbaijan as a Regional Hub."

Rahim Tariverdiyev

Bulgaria Azerbaijan BSTDB Black Sea Trade and Development Bank Board of Governors annual meeting Baku Business Forum regional cooperation economic diversification Azerbaijan as a regional hub 2026 budget financial statements international finance