Dubai hosts Azerbaijan-UAE SME Forum (PHOTO)

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BAKU, Azerbaijan, March 28. The 11th Annual Investment Meeting (AIM) on “Investments in Sustainable Innovation for a Prosperous Future” will kick off on March 29, 2022 in Dubai (UAE), Trend reports.

Meetings between government officials, businessmen, as well as exhibitions and other events are traditionally organized within the framework of the annual assembly.

The Azerbaijan-UAE Small and Medium Enterprises (SME) Forum was held within AIM on March 28 in the Azerbaijan Pavilion of the Dubai Expo 2020 exhibition. The focus of the event, organized by the Small and Medium Business Development Agency of Azerbaijan (SMBDA) with the support of NEGSOL Holding, is to discuss opportunities for SMEs, to provide a common platform for communication and exchange of opinions in this field.

During his address at the event, the Minister of Labor and Social Protection of the Population of Azerbaijan, Sahil Babayev, presented the social reforms carried out in the country, the program of self-employment, the activities of DOST centers and tools for the electronic allocation of social payments.

Chairman of the SMBDA Board Orkhan Mammadov spoke about trade and economic relations between Azerbaijan and the United Arab Emirates, cooperation with relevant agencies of the United Arab Emirates in the field of SMEs, support provided by the agency to local and foreign businessmen.

Dubai Chamber of Commerce and Industry Director of International Offices, Omar Khan, pointed out that Azerbaijan and the UAE have great potential for cooperation in the field of SMEs, and also underlined the willingness to the Chamber to support joint initiatives in this direction.

Other representatives of the Azerbaijani delegation, as well as businessmen from different countries, shared their views on joint business initiatives and the role of digitalization in economic development.

On the same day, the SMBDA organized a seminar on “Support mechanisms for SMEs in the post-pandemic period: the effectiveness of public-private dialogue”.

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