Azerbaijan Emphasizes Importance of Women Entrepreneurs in Economic Development

Azerbaijan continues to prioritize women entrepreneurs in its economic development agenda, particularly through inclusive economic growth and small and medium-sized enterprises (SMEs) support. The country's commitment to fostering cooperation and dialogue among member states, especially in ensuring women's participation in decision-making processes, has garnered attention from international organizations. Kairat Sarybay, Secretary General of the Conference on Interaction and Confidence Building Measures in Asia (CICA), highlighted Azerbaijan's efforts in this area during his speech at the 8th Plenary Session of the CICA Business Council in Baku.

Key Takeaways:

• Azerbaijan prioritizes women entrepreneurs in its economic development agenda, focusing on inclusive economic growth and SMEs support.
• The Conference on Interaction and Confidence Building Measures in Asia (CICA) has established the CICA Women's Council to foster cooperation and dialogue among member states.
• CICA member states show great interest in expanding the activities of the CICA Women's Council, which emphasizes women's significant participation in decision-making processes.
• Kairat Sarybay, Secretary General of CICA, called on member states to focus on young entrepreneurship and partnerships with leading universities to unlock the potential of young scientists and researchers.
• Azerbaijan's chairmanship focuses on stronger connectivity, digitalization, and sustainable development within the Shanghai Cooperation Organization (SCO).
• SMEs are considered the backbone of economies, driving innovation, creating jobs, and contributing to sustainable development.
• Discussions at the 8th Plenary Session of the CICA Business Council addressed key themes such as digitalization, women's entrepreneurship, the green transition, and the role of SMEs in developing smart cities.

Statistics:

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Sources:

• Azernews
• Conference on Interaction and Confidence Building Measures in Asia (CICA)