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Azerbaijan prioritizes closer global integration of its capital markets - ACMPA
@Source: trend.az
BAKU, Azerbaijan, March 12. Closer integration
of Azerbaijan's capital markets into international platforms,
attracting foreign investors, and strengthening international
partnerships are among the priorities, Chairman of the Board of the
Azerbaijan Capital Market Participants Association (ACMPA) Jeyhun
Hajiyev said at the 12th Caspian International Investment Forum in
Baku today, Trend
He pointed out that in the fast-paced world of the global
economy, keeping a steady ship and staying ahead of the game in
capital markets is absolutely vital.
"Capital markets are not only key pillars for the development of
financial institutions but also essential for the diversification
and sustainable growth of the country's economy. Strong and
competitive stock markets open new opportunities for investors,
create favorable conditions for local companies to secure
financing, and accelerate the country's integration into the global
As market participants, we must work towards the creation of
efficient and transparent trading mechanisms. It would be
particularly interesting to discuss the steps that will be taken in
terms of introducing new financial instruments and expanding the
access of local businesses to capital markets.
As ACMPA, we are constantly working to foster the development of
capital markets, improve market infrastructure, and increase
investor confidence. Creating strong cooperation between
regulators, market participants, and investors, ensuring
transparency, and enhancing competitiveness in the market are among
our key priorities," Hajiyev added.
ACMPA is a public association that was founded to encourage its
members' successful professional endeavors and to aid in the growth
of our nation's securities market. As a result, since it started
its active activities, ACMPA has established a productive forum for
communication between state institutions and its members, put in
place a number of initiatives to enhance capital market laws, and
taught investors, issuers, students, and regular citizens about our
nation's securities. These initiatives will continue indefinitely.
The Baku Stock Exchange, the National Depository Center, and
investment companies are all members of the ACMPA.
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