**Georgia and Azerbaijan Strengthen Banking Ties**
The National Bank of Georgia has signed a Memorandum of Understanding with the Central Bank of Azerbaijan. This agreement aims to boost cooperation in various areas between the two countries.
A memo was signed by Natia Turnava, President of the National Bank of Georgia, and Taleh Kazimov, President of the Central Bank of Azerbaijan. The partnership will focus on financial regulations and supervision, including monetary policy, payment systems, and the securities market.
**Key Areas of Cooperation**
The agreement covers several key areas:
* Financial technologies (fintech)
* Monetary policy
* Payment systems
* Securities market
**Exchange of Information and Experience**
The memorandum allows for the exchange of experience and information between the two countries. This will help both sides to better understand each other’s needs and challenges.
**Expectations from the Partnership**
Natia Turnava, President of the National Bank of Georgia, expressed her hopes for a strong partnership with Azerbaijan. She mentioned that economic relations between the two countries are improving, and the banking sector should follow this trend.
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