“Azerbaijan’s oil sector alone received investments worth $9 billion,” Babayev said. “The volume of investments is constantly increasing, and this shows a favorable investment climate in our country. Azerbaijani investments in the US economy are about $3 billion, and they are mainly invested through the line of the State Oil Fund of Azerbaijan (SOFAZ).”
He added that there are long-term economic relations between Azerbaijan and the US, and these relations can be called strategic.
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