OREANDA-NEWS. December 9, 2011. Azerbaijani Transport Minister Ziya Mammadov has received in Baku vice-president of European Investment Bank (EIB) Wilhelm Molterer.

According to the Ministry of Transport, Mammadov stated of an interest in cooperation with EIB in implementation of transport system development projects in Azerbaijan.

Previously, EIB outlined that it will realize projects in the country, applying experience of the European Bank for Reconstruction & Development (EBRD). However, EIB and the country’s government have not signed yet the framework agreement, and the Bank has not opened financing for Azerbaijan.