Baku: On July 1-2, 2026, the 28th Annual Meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB) and a Business Forum will be held in Baku under the chairmanship of the Republic of Azerbaijan, APA-Economics reports. The Annual Meeting will review the Bank's performance, approve its 2025 financial statements, and discuss its future priorities and institutional development.

According to Azeri-Press News Agency, the Business Forum titled "Connecting Markets, Diversifying Economies: Azerbaijan as a Regional Hub" will focus on Azerbaijan's economic development priorities, strengthening regional cooperation, BSTDB projects implemented in the country, as well as current trends and challenges in development finance. The discussions will also address expanding regional connectivity, the contribution of diversified financing mechanisms to sustainable economic growth, and Azerbaijan's role as a key economic and transport hub between Europe and Asia.

The event will feature presentations, plenary sessions, and business discussions, along with bilateral meetings between entrepreneurs and representatives of financial institutions. The Black Sea Trade and Development Bank (BSTDB) is a multilateral international development finance institution established by the 11 member states of the Organization of the Black Sea Economic Cooperation, which includes countries such as Albania, Armenia, and Azerbaijan, among others. Its headquarters are located in Thessaloniki, Greece.

BSTDB is committed to promoting sustainable economic development and regional cooperation in its member countries. Its activities encompass financing public and private sector projects, providing loans and credit lines, making investments and issuing guarantees, as well as trade finance.