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US financial support to Azerbaijan over 25 years hits $1.3B

Business Materials 1 December 2016 13:32
The US has rendered financial support of $1.3 billion to Azerbaijan over the 25 years of the country’s independence, said the US Ambassador to Azerbaijan Robert Cekuta.
US financial support to Azerbaijan over 25 years hits $1.3B

Baku, Azerbaijan, Dec. 1

By Maksim Tsurkov – Trend:

The US has rendered financial support of $1.3 billion to Azerbaijan over the 25 years of the country’s independence, said the US Ambassador to Azerbaijan Robert Cekuta.

Cekuta made the remarks during the Azerbaijan-US business forum titled “Trade and Investment Opportunities in Post-Oil Era” in Baku Dec. 1.

The diplomat praised the role of the American Chamber of Commerce in Azerbaijan (AmCham) in the development of relations with the country’s local business.

Over the 25 years, the US helped Azerbaijan to build a stable, prosperous, democratic country, he noted.

Cekuta went on to say that the trade turnover between Azerbaijan and the US amounted to $984.4 million in 2015.

He added that Azerbaijan and the US will continue to expand economic ties.

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