BAKU, Azerbaijan, September 14. The
International Islamic Trade and Finance Corporation (ITFC) sees
potential in deepening cooperation with Azerbaijan, the chief
director of ITFC and a member of the Islamic Development Bank (IDB)
group, Hani Salem Sonbol informed reporters, Trend studies.
“I feel we will probably be extra lively in Azerbaijan. We see a whole lot of
potential right here. We actually need to work with key stakeholders to
contribute to the event of not solely Azerbaijan however the entire
area,” he stated.
Hani Salem Sonbol stated he’s assured that cooperation with
Azerbaijan will probably be very fruitful.
“Now that ITFC is aiming for extra, we’ve performed fairly
necessary commerce finance transactions with Azerbaijan up to now. I
have held talks with officers right here, the Ministry of Economy, the
Ministry of Finance, and a few huge corporations like SOCAR. We imagine
we’ve the potential to work extra effectively and cooperate extra
carefully on necessary tasks in Azerbaijan,” he stated.
Moreover, ITFC held a seminar on Islamic finance and Islamic
commerce finance in Baku on September 12–14.
The International Islamic Trade Finance Corporation is a member
of the Islamic Development Bank Group.
The IDB Group maintains robust relations with Azerbaijan and
goals to contribute to its socio-economic improvement. The group is
implementing tasks price about $1.2 billion in Azerbaijan.
