Strategy of Black Sea Trade and Development Bank to be discussed in Baku

The 28th annual meeting of the Board of Governors of the Black Sea Trade and Development Bank (BSTDB) will be held in Baku on July 1-2, chaired by Azerbaijan, Report informs referring to the Ministry of Finance.

The meeting participants will review the BSTDB's performance, approve its financial statements for 2025, and discuss the bank's future work and institutional development.

The event will include a business forum "Connecting Markets, Diversifying Economies: Azerbaijan as a Regional Hub" dedicated to Azerbaijan's economic development priorities, strengthening regional cooperation, BSTDB projects in the country, and current trends and challenges in development finance.

The forum will focus on expanding regional connectivity, the role of diversified financing mechanisms in ensuring sustainable economic growth, and Azerbaijan's importance as an important economic and transport hub between Europe and Asia. The program will include presentations, plenary sessions, business discussions, and bilateral (B2B) meetings between business representatives and financial institutions.

The BSTDB is a multilateral international development bank established by 11 member states of the Black Sea Economic Cooperation (BSEC). Headquartered in Thessaloniki, Greece, the BSTDB finances public and private sector projects, provides loans, credit lines, guarantees, investments, and promotes trade and regional economic cooperation.