oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ Executive Director receives USG delegation

08 Feb 2007 03:26:24

SOFAZ Executive Director receives USG delegation

08 Feb 2007 03:26:24
Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan received on February 8, 2007 the government delegation of the United States.

He informed the guests about SOFAZ's activity, effective management of the assets received through implementation of the production sharing agreements, Azerbaijan's leading role in realization of the Extractive Industry's Transparency Initiative and answered the questions of the guests.

The meeting participants representing the delegation due to take part in the US-Azerbaijan Economic Partnership Commission's first meeting held on February 7 in Baku, included Thomas Adams, Coordinator of US Assistance to Europe and Eurasia, Douglas Menarchik, the USAID's Assistant Administrator for Europe and Eurasia, Daniel Stein, the US Trade and Development Agency's Director for Europe, Stefanie Altman-Winans, Country Assistance Officer for the Caucasus EUR/ACE, Anne Derse, the US Ambassador, Robert Wilson, Mission Director ofUSAID/Caucasus, Lane Bahl, Azerbaijan Desk Officer of the US State Department and representatives of the USAID Baku office.

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