Serbian Azerbaijani Chamber of Commerce (SAKOM) is an association, founded as a voluntary, non-governmental and not-for-profit organization, based on a freedom of association for uniting both legal entities and individuals, with an aim to implement and improve main and general goals, objectives and interests of the members, arising from the need to establish wider and better business and cultural cooperation of business communities, entrepreneurs, banks and other financial organizations, insurance organizations, individuals and non-profit organizations from Republic of Serbia, Republic of Azerbaijan and other countries, in accordance with the Association policy.
In 2020 SAKOM launched its Scholarships programme that gives financial support to students committed to education and personal improvement. As it is known, there are many young people that could not afford to go on to university or struggle to afford it. SAKOM through its contribution supports hard working, smart students who need financial encouragement. The sum of 12,000 dinars covers a monthly scholarship throughout one year.
The SAKOM’s purpose is to establish a platform for the exchange of ideas among business entities operating in Serbia and abroad, to promote commercial cooperation between Republic of Serbia and the Republic of Azerbaijan and between these and other countries, especially with respect to encouraging trade, investment and economic cooperation.
In fulfilling its purpose, the SAKOM’s activities shall, amongst others, include:
Striving for constructive solutions for trade and economic problems concerning Azerbaijan-Serbian business relations;
Promoting measures which contribute and protect the interests of Chamber’s Members;
Organizing regular meetings for the Members in order to discuss the issues of concrete and immediate interest or current issues;
Organizing seminars and lectures; issuing publications covering the goals of Chamber;
Collecting and disseminating information concerning Azerbaijan-Serbian trade, investment and economic cooperation according to the law;
Assisting, helping and encouraging legal entities that are considering the possibility of business activity in Serbia or those who already have business in Serbia;
Maintaining good relations with the Chambers of Commerce of Serbia, ministries of Serbia, the Chamber of Commerce of Azerbaijan and other chambers of commerce and similar organizations in Azerbaijan, Serbia and abroad;
Supporting the constant improvement of the investment climate in Serbia.