Role of Financial Instruments in Boosting Exports Discussed in Ankara

Ankara:Azer Garashov from the Central Bank of Azerbaijan attended the 27th Meeting of the COMCEC Trade Working Group in Ankara.

According to Azerbaijan State News Agency, Garashov presented a report on the impact of financial instruments in enhancing Azerbaijani exports, emphasizing the importance of factoring and Islamic banking.

Participants from various countries shared their experiences with using financial instruments to foster export development.

The discussions concentrated on the financial tools essential for promoting and expanding exports, the mechanisms for their implementation, enhancing financial support for exporters, and addressing challenges in their application.