Framework Cooperation Agreement Signed Between the Ministry of Economy and Spain’s IE University

The agreement on the establishment and development of the Economic Observatory envisages conducting joint research and expanding dialogue on economic development priorities.

A Framework Cooperation Agreement on the establishment and development of the Economic Observatory was signed in Baku between the Ministry of Economy of Azerbaijan and IE University of Spain. The agreement was signed by Deputy Minister of Economy Samad Bashirli and Santiago Íñiguez de Onzoño, Executive President of IE University.

The agreement envisages conducting joint research and economic analyses in the areas of economic diversification, productivity enhancement, and strengthening competitiveness, as well as promoting dialogue among government institutions, businesses, and academia.

As part of the Economic Observatory’s activities, plans include examining economic development trends and factors influencing future growth, conducting economic monitoring, and undertaking international comparative analyses. The research agenda will be jointly determined, taking into account Azerbaijan’s economic priorities and IE University’s academic expertise.

IE University is a higher education institution based in Spain. It offers undergraduate, master’s, doctoral, and executive education programs. Its activities encompass education, research, innovation, and international cooperation.