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AccessBank and EBRD support expansion of international trade opportunities for entrepreneurs in Azerbaijan

10 minutes ago
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AccessBank and EBRD support expansion of international trade opportunities for entrepreneurs in Azerbaijan

An educational event on foreign and domestic trade and trade finance was held in Baku as part of the Trade Acceleration Programme (TAP), implemented by the European Bank for Reconstruction and Development (EBRD) in partnership with AccessBank and with the support of the European Union.

The event brought together around 70 participants, including more than 50 small and medium-sized business (SME) customers of AccessBank, as well as representatives of government agencies, business associations, and international organizations. The main purpose of the event was to enhance entrepreneurs’ knowledge of international trade, raise awareness of trade finance opportunities, and support local companies in accessing foreign markets.

The event featured presentations and an interactive panel discussion with the participation of representatives from the EBRD, AccessBank, the Central Bank of the Republic of Azerbaijan, the Azerbaijan Banking and Finance Training Center (ABFTC), and the Association of Azerbaijan Customs Representatives and Logistics Companies (AGTL).

During the discussions, participants were provided with detailed information on trade finance instruments, access to working capital, regulatory updates, customs and logistics processes, as well as available support opportunities for exporting and importing companies. Participants shared practical experience, discussed current issues related to international trade operations, and had the opportunity to establish new business connections.

The Trade Acceleration Programme (TAP) is part of the cooperation between the EBRD and AccessBank under the Trade Facilitation Programme (TFP). The program aims to enhance the knowledge of AccessBank’s SME customers in the areas of foreign and domestic trade and trade finance, as well as to inform them about financial instruments and support mechanisms they can use in international trade operations.

 

 

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