Azernews.Az

The EU-funded East-Invest project offers small and medium-sized enterprises (SMEs) from six countries of the Eastern Partnership an opportunity to explore the foreign market experience and achievements of the EU in internationalization, the Information Centre of the European Neighborhood and Partnership Instrument reported.

Within the project, training workshops will be held for businesses which will also have access to European trade fairs in the coming year and the possibility of individual consultations from September to November. This is intended to assist them enter international markets, ITAR-TASS reported.

Each of the six Eastern Partnership countries - Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine will organize four workshops of initial and advanced levels each. Two of them will focus on EU legislation, while others will be on internationalization. The initial level is designed for small and medium-sized businesses with limited knowledge of EU standards in regulation and internationalization, while the advanced level will be for those who are better informed and work on expanding the network of contacts with European companies.

The East Invest project, with a budget of 7 million euro, contributes to the economic development of Eastern partnership countries and facilitates regional trade, making a significant contribution to improving the business climate and establishing relations, with an emphasis on small and medium-sized businesses.