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International Bank of Azerbaijan, London Stock Exchange Group to support second major Caspian corridor conference

The London Stock Exchange Group, the International Bank of Azerbaijan and the Britain Azerbaijan Business Council will host the second Caspian corridor conference at the London Stock Exchange on March 7.

"The first Caspian corridor conference had a great success in London and the start of dialogue has become an important component of business development. I believe that the United Kingdom and the corridor countries will continue to strengthen their close ties. The U.K. is the largest foreign investor in Azerbaijan and we are trying to build our relations with Great Britain and other international investors," Jahangir Hajiyev, the chairman of the International Bank of Azerbaijan, said.

Participants will discuss the region's economic development prospects and trends of the littoral states, governments, businesses, academia and media representatives. They will also discuss ways to improve economic cooperation among the countries of the Caspian corridor, including Azerbaijan, Kazakhstan, Turkmenistan, Uzbekistan, Georgia and Kyrgyzstan.

"We are pleased to support the conference developing stronger working relationships between these regions. We expect that this situation will continue in 2014 and subsequent years. The conference of Caspian corridor countries and representatives of the London Stock Exchange creates the opportunity to build business relationships," London Stock Exchange Group CEO Xavier Rolet said.