A Memorandum of Understanding has been signed between the Central Bank of Azerbaijan (CBA) and the People’s Bank of China (PBOC) to enhance bilateral cooperation, the CBA told SİA.
The memorandum aims to establish a legal framework for collaboration, strengthen ties, and facilitate the exchange of knowledge on best practices. In addition, the two institutions will engage in meetings, seminars, and business visits to discuss matters related to monetary policy, the financial sector, payment systems, and financial technologies.
The agreement is expected to contribute to the development of central banking and the broader financial sectors in both countries.
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