Tuesday, 02 January 2024 12:17 GMT

EBRD's Expanding Portfolio Strengthens Azerbaijan's Climate Agenda


(MENAFN- AzerNews)

In a rapidly transforming global economy, momentum in economic diversification is no longer a luxury-it is a necessity. Azerbaijan, traditionally reliant on hydrocarbon revenues, has demonstrated growing ambition to reimagine its growth trajectory. Its recent gains in attracting foreign direct investment (FDI) to the non-oil sector are not just promising-they are pivotal. And at the heart of this shift stands the European Bank for Reconstruction and Development (EBRD), whose evolving engagement in the country illustrates a finely calibrated alignment with regional aspirations and global trends.

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