The Center on Economic Policy and Development (CEPD) was established with the purpose of researching, teaching and disseminating information on various aspects of economic cooperation (trade, energy, etc) and its impact on global economic development, as well as on development at the regional and country level.
The areas of interest of the CEPD will include, but will not be limited to, the following:
- Identification and analysis of various forms of economic policy (trade, energy, financial etc);
- Foreign Economic Policy of Azerbaijan and other states in the Caspian region
- Bilateral economic relations of Azerbaijan, as well as bilateral cooperation between major regional (Caspian region) and global powers;
- Regional economic cooperation, in particular participation of Azerbaijan and some other countries in various regional organizations, groupings and initiatives in and around the Caucasus and Central Asia (BSEC, ECO, GUAM, SPECA, CIS, OIC, OSCE);
- Multilateral diplomacy within major international economic organizations, including involvement/participation of Azerbaijan with international organizations such as the UN system, Bretton Woods Institutions (IMF and World Bank), WTO and OECD.
The scope of activities of the Center will include the teaching of courses on various aspects of economic cooperation and sustainable development, conducting research and disseminating information through various workshops and seminars.
Within the Center, two Chairs will be established:
1. The Chair on trade diplomacy will be engaged in the World Trade Organization (WTO) affairs, accession of Azerbaijan to WTO, as well as development of Free Trade Areas (FTA) and the signing of bilateral trade and investment agreements.
2. The Chair on energy diplomacy will focus its activities on the oil and gas sector, renewable energy being a specific emphasis on the region of Caucasus and Central Asia.
At its events, the Center will invite government representatives, academicians, business representatives, NGOs and other individuals to discuss various issues of international economic relations and development.
The Center will be looking for various grants rendered through technical assistance programs by bilateral and multilateral donor organizations. The partner institutions/universities of Khazar might also be engaged in development of joint projects.
The director of the CEPD is Dr. Fikret Pashayev.


