11:48 - 1.07.2026

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July 1, Fineko/abc.az. Baku will contribute to the formation of future priorities of the Black Sea Trade & Development Bank (BSTDB).

ABC.AZ informs that Finance Minister Sahil Babayev made the relevant statement at the 28th Annual Meeting of the BSTDB Board of Governors.

According to the minister, the holding of the 28th annual meeting of the BSTDB Board of Governors in Baku demonstrates Azerbaijan's strong cooperation with the Bank, as well as its commitment to regional partnership, integration, and sustainable development:

"We are pleased to host this important meeting, and we are confident that the discussions that will take place here will contribute to defining the bank's future priorities and further strengthening its role in the Black Sea region. BSTDB Annual Report 2025 shows that the Black Sea region has remained resilient in the face of global uncertainty. According to the report, region's economy grew by 2.9% in 2025, with the participating countries generally maintaining healthy macroeconomic indicators."