<h1>India-Azerbaijan MoU Boosts Audit Cooperation, Emphasizes Blockchain, Cloud Accounting, and Anti-Corruption Initiatives for Economic Growth.</h1> The Union Cabinet, led by Prime Minister Narendra Modi, approved a Memorandum of Understanding between the Institute of Chartered Accountants of India (ICAI) and the Chamber of Auditors of the Republic of Azerbaijan (CAAR). This agreement aims to enhance cooperation in member management, professional ethics, and technical research. It includes exchanging publications, conducting joint conferences, and exploring innovative audit and accounting methods like blockchain and cloud accounting. The MoU seeks to strengthen best practices, combat corruption, and facilitate knowledge exchange, potentially boosting foreign investment in India and expanding ICAI's influence in Azerbaijan.