Beijing: Central banks of Azerbaijan and China recently held discussions aimed at expanding cooperation in various financial sectors. Chairman of the Central Bank of Azerbaijan, Taleh Kazimov, announced the developments during a working visit to China, where he met with Pan Gongsheng, the Governor of the People’s Bank of China. Kazimov shared these updates on his social media platform, X.
According to Azeri-Press News Agency, the meeting centered around several key topics including monetary policy, financial stability, and the integration of payment systems. The discussions also covered QR and mobile payment solutions, and the regulation of payment service providers. Both parties expressed interest in exploring regulatory practices in the field of digital currencies.
The meeting further provided an opportunity for the central banks to share their perspectives on expanding bilateral cooperation and addressing other mutual interests. The dialogue marks a significant step in strengthening financial ties between Azerbaijan and China.