ADB’s new strategy on Azerbaijan to be signed next year

ADB’s new strategy on Azerbaijan to be signed next year
# 13 December 2012 12:04 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. New partnership strategy of Asian Development Bank on Azerbaijan will be signed next year, Head of the Permanent Mission of the Asian Development Bank in Azerbaijan Olli Noroyono said at the press conference dedicated to outcomes of bank’s activity in Azerbaijan in 2012, APA reports.

To him, new strategy to cover 5 years is a very important and significant document for ADB: ‘This document is currently agreed with Azerbaijani government. At present time, ADM and Azerbaijan is working on determination of priority sectors to be reflected in the document. I suppose the privilege will be given to infrastructural spheres’.

Noroyono added that in Q1 of 2013, ADB and Azerbaijani government will hold consultations on the mentioned document.

He noted that new partnership strategy of ADB is developed in accordance with the Development Concept ‘Azerbaijan-2020: View of the future’ of Azerbaijani government. This document will help bank in cooperation with the country.

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THE OPERATION IS BEING PERFORMED