KOBIA reached an agreement with Russian export center


September 11, Fineko/abc.az. Roseximbank and the Azerbaijan Agency for the Development of Small & Medium-sized Businesses (KOBIA) have reached an agreement on the implementation of joint projects, ABC.AZ was informed at the Russian Export Center.

During the meeting between Nuri Guliyev, head of the REC representative office in Azerbaijan, and KOBIA chairman of the board Orhan Mammadov the issues of increasing the financial and credit support for Russia's exports to Azerbaijan, and diversifying the portfolio of joint projects in the field of small and medium-sized businesses were covered.

The parties also discussed the questions of increasing cooperation between the REC group of companies and the SME development funds included in the Agency's structure for financing foreign trade contracts of Azerbaijani resident companies with Russian suppliers of goods, works and services.