Karabakh Revival Fund (KRF) and "Caspian Event Organisers" LLC have signed a Memorandum of Understanding to collaborate – PHOTO

Karabakh Revival Fund (KRF) and "Caspian Event Organisers" LLC have signed a Memorandum of Understanding to collaborate – PHOTO

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On October 8, 2021, a Memorandum of Understanding (MoU) regarding collaboration was signed between the Karabakh Revival Fund and "Caspian Event Organisers" LLC.

The Memorandum was signed by the CEO's Director Farid Mammadov and the Chairman of the Executive Board of the Karabakh Revival Fund Rahman Hajiyev. 

According to the terms of the Memorandum, in support of the restoration and reconstruction efforts in the liberated territories of Azerbaijan, as well as the development of a resilient economy and prosperity in the region, Caspian Event Organisers will donate a portion of the registration fees paid by participants at the 1st Azerbaijan International "Rebuild Karabakh" Exhibition, which will take place at the Baku Expo Center on October 20-22, 2021, to the Karabakh Revival Fund. 

Additionally, Caspian Event Organisers will disseminate information about the Fund in exhibition catalogs, newspapers, booklets, flyers, roll-ups, websites, news outlets and presentations before, during, and after the exhibition, as part of their efforts to promote a culture of philanthropy among the public. 

In accordance with the terms of the Memorandum, the Karabakh Revival Fund will support initiatives by Caspian Event Organisers during the 1st Azerbaijan International "Rebuild Karabakh" Exhibition. The Fund will also assist Caspian Event Organisers by providing organizational support for the exhibition and directing individuals interested in participating in the exhibition to them. 

Farid Mammadov emphasized the importance of this Memorandum for Caspian Event Organisers, highlighting the significance of everyone's participation in the restoration, reconstruction, and revival process of the liberated territories. 

Rahman Hajiyev, the Chairman of the Executive Board of the Fund, expressed gratitude for this remarkable initiative and invited every compatriot, regardless of their place of residence, to actively participate in the revival process of Karabakh. 

The Karabakh Revival Fund, established by the Decree of the President of the Republic of Azerbaijan, is a public legal entity engaged in providing financial support for the implementation of measures aimed at the restoration and reconstruction of the liberated territories, development of a resilient economy, attracting investments, promoting public-private partnerships in this area, as well as conducting necessary promotional activities both domestically and internationally.

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