Baku, October 23, AZERTAC
The first meeting and international conference of the Capital Market Development Forum (CMDF) of the Central Asia Regional Economic Cooperation (CAREC) Program was held in Ulaanbaatar, Mongolia, with support from the Asian Development Bank (ADB).
The Central Bank of Azerbaijan was represented by a delegation led by Executive Director Tarlan Rasulov. The event brought together representatives of capital market regulators from 11 CAREC member countries and the ADB.
Participants discussed the CMDF’s governance and operational frameworks, its 2027–2031 strategy and plans to establish working groups. They also adopted relevant decisions. The CMDF aims to provide a specialized platform for capital market regulators to exchange knowledge and expertise, strengthen regional cooperation and coordination, and support the development of capital markets.
The international conference featured panel discussions on strengthening regional cooperation in capital markets, deepening local-currency bond markets, expanding small and medium-sized enterprises’ access to capital market financing, and advancing digital transformation in the sector.
Source: azertag.az
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