Azerbaijani and Russian entrepreneurs to create trade-production and scientific-technical cooperation

12:03 - 15.05.2018


May 15, Fineko/abc.az. Yesterday, the Federal Corporation for Development of Small & Medium Entrepreneurship (SME Corporation) signed the Memorandum of Understanding with the Small & Medium Entrepreneurship Development Agency of Azerbaijan.

The Corporation reports that the document was signed by Corporation’s CEO Alexander Bravermann and Agency’s executive director Orkhan Mammadov.

"In accord with the Memo the parties plan to establish long-term cooperation in the field of exchange of experience and best practices on the main directions of SME segment development, including financial-guarantee, information & marketing support, expansion of access of SMEs to procurement of the largest companies with state participation, development and implementation of comprehensive regional programs, and training programs in the field of entrepreneurship and business processes, support for export-oriented projects," the Corporation informed.

The sides also expressed their intention to assist to organizing cooperation and mutual consultations between the business communities of both countries, interact on the issues of the best practices, formation and promotion of joint projects, dissemination of information on existing business opportunities for Russian and Azerbaijani companies.

In addition, SME Corporation and the Agency intend to encourage creation and development of joint projects and other forms of cooperation, including trade-production and scientific-technical cooperation, between Russian and Azerbaijani SMEs in the field of high technologies and innovations and in other priority areas for each of the parties. One of the joint tasks within the upcoming cooperation is to promote to organization and holding of exhibitions, fairs, congresses and training events in the territory of Russia and Azerbaijan, participation of entrepreneurs, public organizations and associations of entrepreneurs of both countries, as well as development institutions in the field of SMEs.

A relevant roadmap will be prepared for implementation of the main areas of cooperation. The parties will interact in the format of information exchange, joint meetings, establishment of workgroups and advisory groups.

 

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