Azerbaijan and UNCTAD Discuss Prospects for International Trade Relations

Baku: Mikayil Jabbarov, Azerbaijan's Minister of Economy, met with Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), on the sidelines of the 13th Global Baku Forum. The meeting focused on international trade relations and economic developments.

According to Azerbaijan State News Agency, the discussions revolved around global economic processes, the current state of international trade, and emerging global business trends. The impact of changes in the world economy on regional economic development prospects was a key topic, highlighting the significance of new cooperation mechanisms for sustainable international trade development.

Minister Jabbarov spoke about initiatives to diversify Azerbaijan's economy, increase its digital trade potential, and foster innovation-oriented development. The discussion also included expanding cooperation in experience exchange, capacity-building programs, and support for the innovation ecosystem.