Today, the 1st forum of "think tanks" of member states of Economic Cooperation Organization has kicked off in Baku.
Heads of Economic "think tanks" of ECO member states, scientists from different countries of the world are on a visit to Baku to participate in the event.
Baku Business Center hosted the 1st international conference on "Energy, Regional Integration and Socio-Economic Development" within the 1st Baku Forum of Economic "think tanks" of ECO member states.
Deputy Minister of Economic Development Sevinj Hasanova informed about socio-economic state, as well as macro-economic indicators. She noted that Azerbaijan’s foreign trade turnover with ECO countries reached 10%, Azerbaijan’s strategic currency stocks increase, poverty level reduced to 6%: "Azerbaijan ranked 39th in the Global Competitiveness Report of World Economic Forum".
ECO Secretary-General Shamil Aleskerov said eco-science researches have an important role for economic development of the countries: "Economic study center within ECO will support economic development of member-states".
Moreover, it was also noted at the conference that ECO bank, established a year ago, will contribute to economic development of member states.
At the same time, sessions on agriculture, regional integration and trade issues are held within the conference.
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