Azerbaijan, Uzbekistan discuss digital finance cooperation
Azerbaijan and Uzbekistan have discussed the development of their digital finance ecosystems.
The Central Bank of Azerbaijan (CBA) reported this to Operativ Media.
The discussions took place during a meeting in Baku between representatives of the CBA and a delegation from the Central Bank of Uzbekistan.
On the first day of the visit, CBA Deputy Chairman Vusal Khalilov met with the Uzbek delegation. The meeting focused on the importance of exchanging experience, promoting innovation in the financial sector, and prospects for expanding cooperation between the central banks of the two countries.
During the meetings held throughout the visit, the delegation was briefed on initiatives, regulatory approaches, and results achieved by the Central Bank of Azerbaijan within the framework of its "Financial Sector Development Strategy for 2024–2026" in financial technology, innovation, and payment systems. The sides exchanged views on measures to advance the digital finance ecosystem, promote innovative financial solutions, develop payment systems and products, upgrade infrastructure, and expand access to financial services.
For their part, representatives of the Central Bank of Uzbekistan shared their country's experience in drafting a financial technology strategy, highlighting key priorities and main development directions.