A Memorandum of Understanding (MOU) has been signed between the Small and Medium Business Development Agency (SMB) under Azerbaijan's Ministry of Economy and the Chamber of International Commerce of Kazakhstan. The aim is to promote and support cooperation between SMEs of Azerbaijan and Kazakhstan, trade, investment opportunities, economic cooperation, mutual information on innovations and various measures in the field of SMEs, to exchange experience in the field of service to SMEs, and to organize joint events and exhibitions to strengthen cooperation between SMEs. The MOU was signed during the official visit of President Ilham Aliyev to Kazakhstan.