Thursday, February 26, 2026

President signs decree on merger of KOBIA, AZPROMO for investment and export promotion

by WNAM:
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BAKU ( WNAM MONITORING): President Ilham Aliyev has signed a decree on improving governance in the area of ​​micro, small, and medium-sized business development, as well as investment and export promotion.

The document establishes a new Agency for Small and Medium-Sized Business Development, Investment, and Export Promotion under the Ministry of Economy, based on the Small and Medium-Sized Business Development Agency (KOBIA) and the Investment and Export Promotion Agency (AZPROMO), which previously operated under the Ministry of Economy.

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