Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) met with the delegation led by Florans Manjen, Director for the Continental Europe of the Ministry of Foreign Affairs of the French Republic on April 27, 2017.

Mr. Movsumov briefed the guests on the Fund’s activities, management of its assets, South Gas Corridor project, Azerbaijan’s activities on transparency in extractive industries and work to be implemented by the Commission on Transparency in Extractive Industries established by the Decree of the President of the Republic of Azerbaijan, ongoing economic reforms and measures for maintaining macroeconomic stability and fiscal sustainability, Strategic Roadmaps approved by the President and answered questions of the guests.

The parties have also discussed current economic relations between Azerbaijan and France and its development perspectives, SOFAZ’s investment opportunities in this country and other issues during the meeting.