AZPROMO elected as member of WAIPA steering committee

President of AZPROMO (Azerbaijan Export and Investment Promotion Foundation) Adil Mammadov made a presentation on Azerbaijan`s business climate and investment opportunities at the 15th world investment conference of the World Association of investment Promotion Agencies (WAIPA) held in Buenos Aires, Argentine.

The WIC 2010 focused on the challenges raised by the current economic recovery, particularly the development of investments that can make growth sustainable. During the conference AZRPOMO was elected as one of the 11 regional offices of WAIPA for South Caucasus and Central Asia.

AZPROMO’s presence in the WAIPA’s Steering Committee will open a range of opportunities for sharing the information on the successful reforms undertaken in Azerbaijan and targeted to the improvement of investment climate, facilitate the cooperation ties between AZPROMO and World Investment Promotion Agencies as well as strengthen the spectrum of its activities in the region.

It’s important to mention that Azerbaijan represented by AZPROMO is the only CIS country elected for WAIPA Steering Committee.

The World Association of Investment Promotion Agencies (WAIPA) is a non-governmental organization founded in 1995, which acts as a forum for cooperation and exchange of best practices for the promotion and development of investments.

It brings together 244 investment and promotion agencies from 162 countries and has its headquarters in Geneva, Switzerland.


/AzerTAc/