(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 14. Chairman of the
Board of the Azerbaijan Small and Medium Business Development
Agency (SMBDA) Orkhan Mammadov met with Minister of Education,
Chairman of the Board of the SME Bank of Saudi Arabia Yousef
Al-Benyan in Riyadh, trend reports via the agency.
According to the ministry, at the meeting, an exchange of views
took place on the access of SMEs to financial resources, experience
and support mechanisms of Azerbaijan and Saudi Arabia in this
Information was also provided on the support and services
provided by the Azerbaijan Agency to SMEs.
Previously, Saudi Arabia and Azerbaijan held the first meeting
of the joint Business Council in Riyadh. At the meeting, prospects
for expanding ties between entrepreneurs, carrying out joint
initiatives, and cooperation in business and trade were
The Azerbaijan-Saudi Arabia Joint Business Council was
established in December 2022 under the Agreement signed between
SMBDA and the Federation of Chambers of Saudi Arabia. The
Azerbaijan-Saudi Arabia Joint Business Council, which will be
represented by businesspersons from both countries, will support
entrepreneurs' initiatives, help to establish direct ties between
them, organize mutual visits, meetings and various events, and
exchange information between businessmen.
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