The treaties

The Ministry of Economic Development (MED) and Asian Develoрment Bank (ADB) signed two more treaties on November 11. One of the treaties will give Azerbaijan $500,000 in grant as technical aid for measures against disastrous floods and improvement works in river basins. The other treaty is a general agreement on private sector operations. It will enable ADB to invest capital in Azerbaijan's private sector, give loans without state guarantees and provide financial services.