On 05 July 2022, the next meeting of the Financial Services Working Group took place with the participation of more than 20 company representatives. The meeting revolved around the key topics concerning the financial sector in Azerbaijan, aiming to set an annual agenda for the second half of 2022.
Opening the meeting, Tobias Baumann welcomed the participants, introduced Ramin Huseynov, new Chairperson of the Financial Services Working Group, and added that the impact of the current political situation on the financial markets was not fully clear. Logistics companies are particularly hard hit by the sanctions and looking for new transportation corridors. Ramin Huseynov, in his speech, talked about the recent activities and the topics covered by the Financial Services Working Group and went through the crucial topics that stand out in the financial sector.
The meeting continued with a session on gathering ideas from the participants, which Ramin Huseynov moderated. During the meeting, it was agreed that the Financial Services Working Group would focus on addressing key challenges in financial and operational leasing, capital markets, securities, and macroeconomic trends.