Expansion of Azerbaijan–U.S. economic cooperation discussed

The possibilities for U.S. companies to participate in the initiatives implemented in our country in priority areas have been considered.

Minister of Economy Mikayil Jabbarov has met with the delegations led by Rebecca Neff, the Senior Advisor of the Bureau of Economic, Energy and Business Affairs of the U.S. Department of State, and Sara Leming, the Country Manager for Europe and Eurasia at the U.S. Trade and Development Agency (USTDA).

During the meeting, it was emphasized that the relations between Azerbaijan and the United States have been elevated to the level of the strategic partnership, and the favorable environment has been established for further strengthening the economic ties. The parties highlighted the importance of making more effective use of the existing cooperation potential.

During the discussions, an exchange of views was held on cooperation opportunities regarding energy corridors, the “Trump Route for International Peace and Prosperity” (TRIPP) initiative, and the economic and commercial components of the Strategic Partnership Charter. In addition, the possibilities for U.S. companies to participate in the infrastructure and transportation projects being implemented in our country, as well as initiatives in the fields of digitalization, artificial intelligence, and other priority areas, were considered.

Within the framework of the meeting, the prospects for promoting mutual investments and expanding cooperation in the fields of innovation and technology were also discussed. The parties expressed their interest in continuing the cooperation aimed at developing the economic and commercial relations and implementing joint projects.