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ADB annual meeting due in Baku

2 April 2015 15:01 (UTC+04:00)
ADB annual meeting due in Baku

By Nigar Orujova

The Asian Development Bank will hold the 48th Annual Meeting of its Board of Governors at the Heydar Aliyev Center in Baku on May 2-5.

The event will gather about 3,000 government officials, business leaders, investors, journalists, and representatives from civil society for the first time in the South Caucasus.

The theme of the 2015 Annual Meeting is “Fostering Partnership for Development,” which underscores the importance of leveraging resources and strengthening collaboration between ADB, its members, and other multilateral and bilateral partners.

The event in Baku is expected to enhance cooperation and integration within this region and Central Asia will be the focus of one of the panel discussions.

The flagship Governors Seminar will discuss the Asia and Pacific region’s growth potential. It will also look at policies being developed by countries to adapt their own economic growth models to changing internal and external environments to help sustain economic expansion and further reduce poverty.

For the second year in a row, international broadcaster CNBC will moderate a TV debate about Asia’s economic outlook, while the International Monetary Fund will co-host a panel discussion on financial sector development. Private infrastructure financing will be the focus of a joint seminar with the World Economic Forum.

Other panels will tackle how to provide the right environment for public-private partnerships; development effectiveness; how to make burgeoning Asian cities more livable and resilient to climate change; universal health coverage; gender equity, and innovation.

The deadline for online registration is April 20.

Based in Manila, ADB is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members – 48 from the region.

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Nigar Orujova is AzerNews’s staff journalist, follow her on Twitter: @o_nigar

Follow us on Twitter @AzerNewsAz

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