
Azerbaijani government and the European Bank for Reconstruction and Development (EBRD) signed a loan agreement to allocate $750 million to implement major transport project in Baku on Thursday, Azerbaijani Transport Ministry said on Thursday.
The loan agreement was signed by Azerbaijani Transport Minister Ziya Mammadov, Finance Minister Samir Sharifov and Olivier Descamps, EBRD's Managing Director for Turkey, Eastern Europe, Caucasus and Central Asia.
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