Azerbaijan to study Singapore's experience in SME digitalization

The Innovation and Digital Development Agency (IDDA) of Azerbaijan has signed a Memorandum of Understanding with Singapore Cooperation Enterprise to explore Singapore’s expertise in the digitization of small and medium-sized enterprises (SMEs), Azernews reports.

IDDA states that this partnership will focus on developing capacity-building initiatives and exchanging knowledge on digital government services, policy frameworks, and regulatory standards.

Singapore, which has been advancing SME digitalization since 2017, brings valuable experience to the collaboration.

The agreement aims to foster mutual growth by enhancing Azerbaijan's digitalization capabilities for SMEs and strengthening bilateral cooperation in innovation and digital development.