BAKU, Azerbaijan, March 28. The number of US companies in Azerbaijan may grow, President of the American Chamber of Commerce in Azerbaijan (AmCham) Nargiz Nasrullayeva told Trend.
According to Nasrullayeva, there is a favorable economic environment for this growth, and attracting foreign investment in the economy is an important component of Azerbaijan's economic development strategy.
She said that the US and Azerbaijan support successful cooperation in the field of investments.
"The economic development and stable political situation in Azerbaijan in recent years have further increased the interest of foreign countries in long-term investment in the economy of our country," the president noted.
"Our chamber is constantly working in this direction. So, last year AmCham identified the promotion of foreign direct investments as one of its main strategic goals and adopted an action plan for the coming years," Nasrullayeva stressed.
"We believe that in the near future we’ll witness the positive results of these measures and achieve an increase in the role of the US companies in the Azerbaijani economy," she added.
Currently, AmCham represents 19 sectors of the Azerbaijani economy and unites more than 250 companies, in which, along with the US and Azerbaijani capital, multinational corporations are also represented.