Investment opportunities in the financial sector of Azerbaijan are interesting to American banks and other institutions in this segment.
On this occasion, on May 26 in New York there will be the first US-Azerbaijan business forum. According to the information resource Market Watch, an important goal of the event organized by the US-Azerbaijan Chamber of Commerce (USACC) is to determine the investment opportunities of Azerbaijani banks in the United States.
The report quoted the Chairman of the Board of Pasha Bank (one of the organizers) Farid Akhundov that "the parties would like to see a new level of cooperation that will contribute to the expansion of economic ties of the United States not only with Azerbaijan but also with the whole region." --17D-
Economics
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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Rovshan Najaf, President of the State Oil Company of Azerbaijan (SOCAR), and Oleg Korobchenko, Deputy Prime Minister and Minister of Industry and Trade of the Republic of Tatarstan, discussed cooperation and expressed satisfaction with the partnership between SOCAR and the Russian oil company Tatneft.
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Azerbaijan’s drive to attract investment into its industrial and agricultural zones is gaining momentum, with the government registering 31 new resident companies across economic zones in 2023. The Economic Zones Development Agency (EZDA) also granted non-resident status to one company, marking a new phase in the country’s efforts to stimulate economic growth in post-conflict areas and beyond.
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