The European Bank for Reconstruction and Development (EBRD) has suspended implementation of a number of retail projects in Azerbaijan, head of Baku office Neil McKain told Trend agency.
The projects have not been canceled, but postponed to next year.
Last year EBRD has allocated Azerbaijan around $300 million for the implementation of 21 projects, and allocation of 250 million for another 15-18 projects is expected this year.
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