oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ Executive Director meets the delegation headed by USAID Administrator and Director of United States Foreign Assistance Henrietta Fore

25 Nov 2008 11:00:00

SOFAZ Executive Director meets the delegation headed by USAID Administrator and Director of United States Foreign Assistance Henrietta Fore

25 Nov 2008 11:00:00
Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) met on November 25, 2008 with the delegation headed by USAID Administrator and Director of United States Foreign Assistance Henrietta Fore.

Mr. Movsumov briefed the guests on the Fund's activity, management of its assets, major projects financed by the Fund, SOFAZ's leading role in implementation of the Extractive Industries Transparency Initiative (EITI), EITI Resolution adopted by UN General Assembly.

The current economic relations between Azerbaijan and USA, development perspectives of these relations, cooperation between SOFAZ and USAID, the economic reforms, development of Azerbaijan's non-oil sector and other issues were discussed at the meeting.

Subscribe to our News