SMB

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Three More SMEs Awarded “Startup” Certificates Public discussion is organized due to green transport business Opportunities for entrepreneurial activities in regions : SME Friends, SME Development Agencies The Promotional Exhibition of Local Companies is Commencing Meeting was held with Entreprenuers engaed in import and export 8th Plenary Session of the CICA Business Council and the 10th Business Forum Held in Baku Attention to SMEs Wishing to Showcase Their Products and Services at the “2nd Turkic Trade Fair”! Young Entrepreneurs from Azerbaijan and Turkiye Discuss Prospects for Cooperation With Government Support, Nearly 10 Entrepreneurs Participate in “Caspian Agro” and “InterFood Azerbaijan” Exhibitions Another Training Held for Entrepreneurs Engaged in Export Activities

Meeting of the subgroup on environmental, social and corporate governance standards held 30.05.23

At the meeting of the "Environmental, social and corporate governance standards" subgroup of the Commission on Business Environment and International Rankings, the work done in implementing the Road Map for 2023 on stimulating and promoting the application of ESG principles was discussed.

A meeting of the subgroup on "Environmental, social and corporate governance (ESG) standards" of the "Corporate governance, investments and corporate social responsibility" Working Group of the Commission on Business Environment and International Rankings was held.

The online meeting organized by the Small and Medium Business Development Agency (KOBİA) was attended by the representatives of the

Administration of the President of the Republic of Azerbaijan, Ministries of Economy, Ecology and Natural Resources, Labor and Social Protection of Population and Energy, Central Bank, Azerbaijan Investment Holding, as well as representatives of Center for Analysis Economic Reforms and Communication, Azerbaijan Industrial Corporation, State Oil Company, American Chamber of Commerce in Azerbaijan (AMCHAM), a number of international and local companies.

At the meeting, discussions were held on work done in implementing the Road map for 2023 on stimulating and promoting the application of ESG principles, upcoming tasks and the directions of action for the remaining part of the year, including the local legislative framework and current requirements on ESG elements, the experience of leading countries, and the measures implemented to enhance the level of knowledge and awareness in the relevant field. Recommendations were made to expand information exchange, involve stakeholders representing the private sector more actively in the process, and launch ESG initiatives using the existing platform in order to effectively organize the implementation process.