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CENTRAL BALTIC - AZERBAIJAN BUSINESS FORUM - SUCCESSFUL COOPERATION AND NEW OPPORTUNITIES

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On Tuesday, 28 May, the Central Baltic - Azerbaijan Business Forum took place at the National Library of Latvia within the framework of the LEF Network Azerbaijan project. The event brought together around 70 participants from Azerbaijan, Latvia, Estonia and Finland.

Participants included both business people and officials, who actively discussed economic ties and cooperation opportunities between the countries, offering new perspectives for entrepreneurs and promoting international business development. The Forum was of particular interest to companies in the education and green technology sectors looking to expand their activities and find new partners.

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The event was opened by Māris Simanovičs, Vice President of the LCCI and Chairman of the Board of Eco Baltia Group, together with Bakhtiyar Musayev, Secretary of the Embassy of Azerbaijan in Latvia and other representatives of the countries, as well as Jaakko Koivusaari, Deputy Chief of Mission of the Embassy of Finland in Latvia and Gunel Guliyev, Director of Caspian Energy Club International, who emphasised the importance and potential of the event.

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A presentation by Liga Sičeva, Director of the EU Projects Department of the LCCI, on the LEF Network Azerbaijan project opened further discussions at the Forum. Mārtiņš Āboliņš, Economist at Bank Citadele and member of the Fiscal Discipline Council, gave an insight into the economic relations between Azerbaijan and the Central Baltic States, while Gunel Guliyeva introduced the participants to the business environment and cooperation opportunities in Azerbaijan.

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Vija Buša, Deputy Head of Mission and Counsellor of the Latvian Embassy in Azerbaijan, also presented business opportunities between Latvia and Azerbaijan. At the end, Mārtiņš Martinsons, founder of FranklinCovey Latvia and business coach, inspired the participants on effective leadership in an international environment, thus broadening the leadership skills of entrepreneurs.

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More business networking took place the day before the Forum, when visits to Latvian companies were organised based on the individual interests of Azerbaijani companies. The Azerbaijani delegation continues its trade mission further to Estonia and then concludes it on 2 June in Finland. The organising teams are delighted with the results of the visit, as the first cooperation agreements have already been concluded.

The Business Forum was organised in cooperation with the Estonian Chamber of Commerce and Industry, Satakunta University in Finland and Caspian Energy Club International in Azerbaijan. The event took place in the framework of the LEF Network Azerbaijan project, co-funded by the Interreg Central Baltic Programme.