The Central Bank of the Republic of Azerbaijan and the National Agency for Promising Projects of Uzbekistan (NAPP) have signed a memorandum of cooperation.
This was reported by Trend with reference to the Central Bank of Azerbaijan.
It is noted that the memorandum, along with creating a legal basis for cooperation between the agencies, will contribute to strengthening cooperation in the development, regulation and supervision of capital and insurance markets, as well as in the field of crypto assets.
‘The Memorandum provides for the exchange of experience and information between the parties, as well as the organisation of mutual visits and the implementation of joint initiatives, promoting the development of innovative financial technologies with the aim of increasing financial inclusion and operational efficiency,’ the information says.
