Draft Memo of Understanding between Labor Ministry and IFC prepared


May 8, Fineko/abc.az. Minister of Labor & Social Protection Sahil Babayev received IFC Senior Regional Manager for the South Caucasus and Russia Jan van Bilsen and other representatives of the organization.

During the meeting the parties raised the matter of the "Project of investment environment & competitiveness of agribusiness in Azerbaijan". The importance of improving the professional level of labour inspectors, introducing modern methodologies and procedures for risk-based inspections was stressed.

The meeting participants covered the current state and prospects of cooperation, the Draft Memorandum of Understanding between the MLSP and the International Financial Corporation.