Baku: The Central Bank of Azerbaijan (CBA) is aiming to strengthen its collaborative efforts with Korea, as reported by APA-Economics. The initiative marks a significant step in fostering international financial relations and knowledge exchange.

According to Azeri-Press News Agency, a delegation led by CBA Chairman Taleh Kazimov has commenced a working visit to the Republic of Korea, following their earlier visit to China. This visit includes planned bilateral meetings with Korea’s financial supervisory institutions, focusing on discussions regarding the macroeconomic situation, regulatory framework improvements, and technological innovations in the financial sector.

The primary goal of the visit is to enhance cooperation and facilitate the exchange of experience between the financial sectors of Azerbaijan and Korea, paving the way for potential advancements and mutual benefits in both countries’ financial landscapes.