In Baku, the Council on International Business Development of the United States (BCIU) and the Center for Analysis of Economic Reforms and Communication (CAERC) signed a memorandum of cooperation. The memorandum was signed by Vusal Gasimli, Executive Director of CAERC, and Jeff Donald, Vice President of BCIU.

The memorandum aims to strengthen friendly and cooperative ties between CAERC and BCIU, promote trade and investment between Azerbaijan and the United States, and create a more accessible and favorable business environment. Under the agreement, both parties will collaborate on international projects, organize global events, and enhance Azerbaijan’s position through the Digital Trade Hub. It also includes expert exchanges on Azexport and the Digital Trade Hub, as well as participation in events, training programs, and specialized courses organized by either side.

Notably, the memorandum was signed at the conclusion of the “Azerbaijan Competitiveness Forum 2018”, jointly organized by CAERC and BCIU.