AmCham Azerbaijan and USAID hold a joint Conference on Women’s Economic Empowerment through the Development of a Women’s National Business Agenda in Azerbaijan
On June 24, 2022, American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) jointly with the United States Agency for International Development (USAID) co-hosted a joint conference on “Women’s Economic Empowerment through the development of a Women’s National Business Agenda (WNBA) in Azerbaijan.” During the conference, President of AmCham Azerbaijan Ms. Nargiz Nasrullayeva-Muduroglu virtually signed a historical “Declaration of Support for Women’s Economic Empowerment” aimed to implement comprehensive and sustainable policies, procedures, and activities to promote gender equality and diversity in line with defined commitments. It should be noted that over 45 AmCham’s all over the world have also joined the declaration.
The event was attended by over 150 people including senior government officials, senior executives from business community, member companies and representatives of diplomatic corps.
The conference featured discussions with public and private sector attendees on how to build a better business environment in order to strengthen the role of women in the country's economy. AmCham and USAID’s Private Sector Activity also revealed the results of surveys conducted on the challenges faced by women entrepreneurs and proposed remedies to address them. Azerbaijani Government officials from the Small and Medium Business Development Agency, the State Committee for Family, Women and Children’s Issues, the Small and Medium Business Development Agency (KOBIA), and the Agrarian Development Finance Agency (AKIA) also delivered remarks during the event.
“This Agenda advocates for a more enabling environment for women in the economy and the workplace,” noted Michael Dickerson, Chargé d’Affaires of the U.S Embassy in Azerbaijan. “We believe women entrepreneurs are an important driver of the national economy, and represent the greatest growth potential leading to Azerbaijan’s continued sustainable and inclusive development. We will continue to support this process in any way possible, because the United States wants to help Azerbaijan become more prosperous and economically diverse.”
Gulnara Aslanbayli, Executive Director of AmCham Azerbaijan, explained, “there is an increasing recognition that economically empowering women is essential both to realize women’s rights and to achieve broader development goals such as economic growth, education, welfare.” “Realizing that economically empowering women is a win-win that can benefit not only women, but society more broadly, we decided to commit one of AmCham’s strategic activity directions aimed to improve business environment in the country to the goal of women’s economic empowerment.”
The event concluded with group discussions on the priorities identified as a result of survey, focus group discussions and key informant interviews.
BFI Committee`s February Meeting
On February 6, AmCham hosted BFI Committee`s Meeting.BFI Chairperson, Mrs. Aytan Rustamova, opened the meeting by welcoming members, guest speakers Sanan Hasanov (Demir Bank) and Nazim Mammadov (Alliance Group LLC) as well as informing the committee members on the achievements & challenges of the past year.Within the first part of the meeting Committee Chairperson passed the floor to the guest speaker of the meeting, Mr. Sanan Hasanov, the representative of Demir Bank who delivered a report on “EnergoCredit”, the collaborative project of European Bank for Reconstruction and Development (EBRD) with Demir Bank. The presentation was followed by Q&A session.Short bio of our guest speaker:Mr. Hasanov holds a master of Finance from Azerbaijan State University of Economy. He is currently working for DemirBank OJSC as Marketing Director. He has more than 10 years experience in banking sector in Azerbaijan. He has managed and implemented many local and international projects.During the second part of the meeting Mr. Nazim Mammadov, representative of Alliance Group LLC has delivered a presentation on “Case studies from Georgia on EnergoCredit project”. The presentation was followed by Q&A session.The Committee meeting finished by networking and one-to-one conversations.Powered by Froala Editor
BFI Committee`s March Meeting
On March 16, AmCham hosted BFI Committee Meeting.BFI Chairperson, Mrs. Aytan Rustamova, opened the meeting by welcoming committee members and guest speaker – Mrs. Julie Nutter, Director of the Office of Sanctions Policy and Implementation in the Department of State’s Bureau of Economic and Business Affairs.Within the first part of the meeting, Mrs. Julie Nutter delivered a very informative speech on “US Policy & Sanctions on Russia and Iran” followed by Q&A session.During the second part of the meeting, Mrs. Nutter introduced Mr. W. Stuart Huffman, Foreign Service Officer of the Office of Sanctions Policy and Implementation, who joined her during the Q&A session.Short bio of our guest speaker:Julie Hagarty Nutter is the Director of the Office of Economic Sanctions Policy and Implementation (SPI) in the Department of State’s Bureau of Economic and Business Affairs (EB). Prior to her current posting, she was the Economic Minister-Counselor at the U.S. Embassy in London. From 2005 to 2008, Ms. Nutter was the Director of the Office of Development Finance in the Economic, Energy, and Business Affairs Bureau. She previously served as the Economic Counselor in the U.S. Mission to the European Union in Brussels. During her Brussels tour, she volunteered for an Iraq Provincial Reconstruction Team Leader position and spent seven months in Iraq, mostly in Basra, working to improve governance capacity at the provincial level. In earlier jobs, she headed the Ukraine desk of the State Department in the run-up to the Orange Revolution, worked closely with other donors on G-8 and Balkan reconstruction issues, and did political and economic reporting during the Liberian civil war. Ms. Nutter has a Masters’ degree in National Security Resource Strategy from the National Defense University and a Masters’ degree in International Economics from Georgetown University. She has two daughters, and grew up in Philadelphia, Pennsylvania.Powered by Froala Editor
BFI AND CSR COMMITTEES` JOINT MEETING
On May, 18, AmCham hosted BFI and CSR Committees` Joint Meeting.Mrs. Nargiz Nasrullayeva-Muduroglu opened the meeting by welcoming participants as well as introducing Mrs. Natavan Mammadova as the newly appointed Director of AmCham Azerbaijan. Afterwards, she passed the floor to Mrs. Ayten Rustamova, Chairperson of BFI Committee, who introduced guest speakers to the audience – Mrs. Gwen Burchell, Director of United Aid for Azerbaijan (UAFA) and Mrs. Natavan Hasanova, researcher of Strategic Research Center of AR (SAM).During the first part of the meeting, Mrs. Burchell informed the participants of the meeting about UAFA and its activity. Afterwards, she passed the floor to her colleague – Mr. Saleh Nasirov – who provided the detailed information about the activity direction of UAFA, particularly pre-school educationm reabilitation centers and social support and also, creation of educational systems in four regions of Azerbaijan. Moreover, Mr. Nasirov presented a video clip about Child Development Center in Baku established by UAFA.Within the second part of the meeting, the floor was passed to Mrs. Natavan Hasanova who delivered a presentation on “Research Results on Corporate Social Responsibility at Azerbaijani Banks”. Along with the report on local activities, Mrs. Hasanova provided very thorough information on CSR activities in different countries (USA, China, Japanm Germany, Italy, Australia).In the end of the meeting, Ms. Aynura Piriyeva, Chairperson of CSR Committee, announced the organization of CSR Excellence Award in cooperation with P. World on October 1, 2.Powered by Froala Editor