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Azerbaijan Caucasus Monitoring

EU to discuss implementation of roadmap for small and medium enterprises in Azerbaijan

The first public-private working group meeting on supporting the implementation of a roadmap for the development of small and medium-sized enterprises (SMEs) in Azerbaijan will take place on 7 December in Baku. The event is being organised as part of the EU-funded project ‘EU4Business: From Policies to Action’, implemented across the EU’s Eastern Partner countries.

The working group will include the participation of senior officials from the Ministry of Economy and various ministries and state agencies of Azerbaijan. It will focus on policies to support SME internationalisation and increased access to foreign markets, and setting up a monitoring and evaluation framework for SME policies.

EU4Business works with the Azerbaijani government, associations and SMEs to develop the country’s SME sector by improving access to finance and markets, encouraging women entrepreneurs and building business skills. The EU also supports the government in the development of a more coherent policy towards SMEs allowing the country to unleash the potential of SMEs for long-term socio-economic development.

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