oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ Executive Director meets the Jordanian Hashemite King's special envoy Abdullah Woriekat

26 Dec 2007 11:00:00

SOFAZ Executive Director meets the Jordanian Hashemite King's special envoy Abdullah Woriekat

26 Dec 2007 11:00:00

Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) received on December 25, 2007 Abdullah Woriekat, Jordanian Hashemite King's special envoy for Central Asia and Azerbaijan.

Sh. Movsumov briefed about the Fund's activity, as well as the projects financed by the Fund and management of its assets. He talked about SOFAZ's leading role in implementation of the Extractive Industries Transparency Initiative (EITI), Azerbaijan's representation at the international EITI Board and the Resolution drafted by the government of Azerbaijan for submission to the UN General Assembly.

The current economical relations between Azerbaijan and Jordan and development perspectives of these relations were discussed at the meeting. A. Woriekat emphasized that Azerbaijan is a main partner of Jordan in the region.

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