EBRD PRESIDENT MEETS LOCAL ENTREPRENEURS AT BAKU BUSINESS CENTER
As correspondent of AzerTAj informs, prior to beginning of the meeting Jean Lemierre has familiarized with organized in foyer of the center an exhibition of the goods made by the Azerbaijan companies. Representatives of the companies have given to the visitor the detailed information on the enterprises.
Opening a meeting, Minister of economic development Farhad Aliyev has told: “The meeting is of great importance for businessmen of Azerbaijan. Acquaintance with the exhibition has once again confirmed it. And during your conversations with the president of the European Bank for Reconstruction and Development it has been marked, that development of small and medium business is a priority direction. Credits and assistance of the European Bank for Reconstruction and Development have played a great role in manufacture of many displayed goods. Concern of heads of the company is quite clear: credits given by local banks have small volume and do not allow expanding manufacture. They require larger credits. According to strategy of the European Bank for Reconstruction and Development for forthcoming years we have addressed with the request for rendering assistance to financing of rather risky projects”, he said.
Having expressed the admiration of the Baku Business Center, Jean Lemierre has told: “The carried out meetings and discussions have made on me deep impression. In the European Bank for Reconstruction and Development we are sure, that the privatization carried pout by this country has played and plays major role in development of economy, and your initiatives - in opening new workplaces and expansion of opportunities of citizens. Remember, that the future of people is in your hands. Certainly, your affairs develop absolutely uneasily. What can we make for you? We can carry out financing and give credits. I know, that together with many of you, we work above this question. We already carry out the next step. If there will be necessity, we can give and larger credits. I would like to mention the following moment - a question of international trade. The European Bank for Reconstruction and Development can execute in this area joint work with you. We have opportunities for rendering assistance and in sphere of consultations. Now, two our programs are carried out. They open opportunities for wide cooperation. You can transfer the offers in representation of the European Bank for Reconstruction and Development in Baku. I believe, that the number of the Azerbaijan companies cooperating with us even more will increase. Would be happy, if you recognize the European Bank for Reconstruction and Development as the Azerbaijan bank.
Further, Mr. Jean Lemiere informed, that in the near future investments would be enclosed in Azerbaijan at amount of 350 million US dollars. Third of this sum is stipulated for the non-oil sector.
Businessmen Khamid Bozgurd, Iftikhar Hasanov, Fakhraddin Bakhishov, Elshad Abbasov, Vahid Mustafayev and Gudret Kerimov have thanked the president of the European Bank for Reconstruction and Development for the conditions created for cooperation and has told about problems disturbing them - rates, volumes and terms of credits. It was offered, that credits of the European Bank for Reconstruction and Development were given out not through banks - intermediaries, and directly. Thus, the rate will be reduced also.
President of the European Bank for Reconstruction and Development has emphasized that consultations are necessary for discussion of the lifted questions.
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