Baku: Regional connectivity and trade development are gaining strategic importance in Central Asia, Azerbaijan, and across the Organization of Islamic Cooperation (OIC) region, CEO of the International Islamic Trade Finance Corporation (ITFC) Adeeb Al Aama said during the session titled 'Enhancing Trade Solutions for Regional Connectivity' held within the framework of the Islamic Development Bank (IsDB) Group Annual Meetings in Baku, APA reports.

According to Azeri-Press News Agency, Al Aama expressed gratitude to Azerbaijan for hosting the event, acknowledging the country's efforts in organizing the 2026 IsDB Group Annual Meetings and the Private Sector Forum. He highlighted the strategic geographic position of the region, which serves as a vital link between Asia, Europe, and other global destinations.

Al Aama pointed out the significant challenges faced by businesses, especially small and medium-sized enterprises, in accessing trade finance, entering new markets, and participating in regional and global value chains. He emphasized that regional connectivity encompasses more than just the movement of goods across borders; it involves promoting trade, strengthening value chains, and fostering sustainable and inclusive trade ecosystems.

He stressed the necessity of a comprehensive approach to achieve these goals, which includes integrating trade finance, trade development, and establishing strong institutional partnerships. The session aimed to gather policymakers, financial institutions, the private sector, and development partners to explore how trade solutions can enhance regional connectivity.

Al Aama concluded by emphasizing that partnerships should evolve into practical cooperation and lead to new economic opportunities, underscoring the potential for sustainable development in the region.