Press Release: Cooperation Agreement between the Caspian Energy Club and FCHAIN

Business Association/Energy Sector Azerbaijan Azerbaijan
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Challenge

The Caspian Energy Club, established in June 2002 as the largest business organization in the Caspian region with over 5,000 member companies and organizations from 50 countries, needed a strategic partner to support its mission of facilitating business-to-government dialogue, promoting investment, and supporting small and medium-sized businesses.

Expressing our gratitude to the team of the Caspian Energy Club for the work done, we are certain the cooperation between the Caspian Energy Club and FCHAIN to be mutually beneficial and long-term, leading to the development of both organizations.

Caspian Energy Club Financial Chain Corporation (FCHAIN)

Solution

On November 2, 2022, The Financial Chain Corporation and Caspian Energy Club signed a Memorandum Agreement on Cooperation, covering all regions where both organizations were functioning. The partnership leverages FCHAIN's knowledge, experience, and well-branched network of partners around the world to help open up opportunities for customers in the global market. The management of both companies examined strategic options to further strengthen market positions.

Results

FCHAIN became a silver member of the Caspian Energy Club, demonstrating the organization's recognition of FCHAIN's value as a partner. The cooperation agreement covers all regions where both organizations operate, positioning FCHAIN to support the Caspian Energy Club's mission of facilitating business development and investment in the Caspian region. The partnership is expected to be mutually beneficial and long-term, leading to the development of both organizations.

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