Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan ( SOFAZ ) met with the members of the United Nations Working Group on Business and Human Rights on August 26, 2014.

Mr. Movsumov briefed the guests on the Fund's activity, management of its assets, investments, major projects financed by SOFAZ, implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan.

Executive Director gave detailed answers to the questions covering SOFAZ's activities and EITI process.