On October 31, a Memorandum of Understanding was signed in Istanbul between the Association of National Development Financial Institutions of the Islamic Development Bank (ADFIMI) and the National Confederation of Entrepreneurs (Employers) Organizations of the Republic of Azerbaijan (ASK) and

The purpose of the memorandum is to establish cooperation between ASK and ADFIMI on the development of entrepreneurship, expansion of investment and trade relations, organization of joint events and exchange of business information.

It should be noted that earlier in June this year, within the framework of the Annual Meetings of the Islamic Development Bank (ISDB) Group for 2026, a meeting was held between ASK and ADFIMI, and the issue of strengthening cooperation was discussed.