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Azerbaijan and U.S. discuss new joint initiatives in the economy

Business Materials 21 April 2012 10:26 (UTC +04:00)
The U.S. Department of State welcomed the Azerbaijani Minister of Finance Samir Sharifov and his delegation for the third meeting of the U.S.-Azerbaijan Economic Partnership Commission (EPC), which was held in Washington, the State Department website said on Friday.
Azerbaijan and U.S. discuss new joint initiatives in the economy

Azerbaijan, Baku, April 21 /Trend E.Tariverdiyeva/

The U.S. Department of State welcomed the Azerbaijani Minister of Finance Samir Sharifov and his delegation for the third meeting of the U.S.-Azerbaijan Economic Partnership Commission (EPC), which was held in Washington, the State Department website said on Friday.

U.S. Government agencies included the Departments of State, Energy, Justice, and Treasury; Office of the United States Trade Representative; United States Agency for International Development (USAID); Export-Import Bank of the United States; and United States Trade and Development Agency are participating in the event.

The delegations discussed economic diversification, financial services, energy, trade and investment, and new, cooperative initiatives, website of the state department said.

Participants also discussed expanding the agreement under which the Government of Azerbaijan co-finances development projects implemented by USAID in Azerbaijan.
This strategic dialogue, co-chaired by Deputy Secretary of State for Economic Growth, Energy, and the Environment Robert Hormats and Azerbaijani Minister of Finance Samir Sharifov, explored opportunities for further economic and commercial cooperation between the United States and Azerbaijan.

This high-level meeting included sessions led by Assistant Secretary of State for Economic and Business Affairs Jose Fernandez, USAID Assistant Administrator for Europe and Eurasia Paige Alexander, Assistant Secretary of State for South and Central Asian Affairs Robert Blake, Assistant Secretary of Energy for Electricity Delivery and Energy Reliability Patricia Hoffman and Special Envoy for Eurasian Energy Ambassador Richard Morningstar.

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