BAKU, Azerbaijan, February 11. The Central Bank
of Azerbaijan (CBA) and the U.S. Chamber of Commerce exchanged
views on the possibilities of expanding cooperation in the field of
finance and investment, Trend reports via the CBA.


The management of the CBA and the State Oil Fund of Azerbaijan
participated in a round table meeting held within the framework of
the business mission organized by the U.S. Chamber of Commerce to
Azerbaijan.


During an event focused on "Finance and Investment," Taleh
Kazimov, Chairman of the Central Bank of Azerbaijan (CBA),
underscored the significant expansion of economic and financial
cooperation between Azerbaijan and the United States in recent
years, highlighting that this partnership has now evolved into a
strategic alliance. He emphasized that the foundation of mutual
trust between the two nations presents promising prospects for
sustainable growth.


In his address, Kazimov elaborated on the various reforms
Azerbaijan has undertaken to strengthen macroeconomic stability,
ensure the resilience of the financial and banking sector, foster
financial technology development, and drive digitalization efforts.
He also outlined advancements in sustainable financial instruments
and cross-border payment infrastructure. The Chairman further
emphasized the crucial role of collaboration with U.S. companies,
particularly in terms of technology transfer, knowledge exchange,
and the valuable contribution of banking missions to the
enhancement of relations with U.S. financial institutions.


Kazimov extended his gratitude to Khush Choksy, Senior Vice
President, International Member Relations and Senior Vice President
at the Middle East and Türkiye at the U.S. Chamber of Commerce, for
his leadership of the business mission, which he believes will
significantly advance business and investment ties between the two
countries. He reaffirmed the importance of the U.S. Chamber of
Commerce as a key platform in fostering bilateral economic
relations, describing it as a vital bridge that promotes trade,
innovation, and shared prosperity.







Following the event, the delegation, comprising prominent U.S.
multinational corporations, engaged in a Q&A session, during
which inquiries were addressed, and discussions ensued on expanding
avenues for cooperation in the finance and investment sectors.


A series of high-level meetings was also conducted as part of
the U.S. Chamber of Commerce's business mission to Azerbaijan,
involving key government agencies, senior officials, and
representatives from the private sector. These discussions are
viewed as pivotal in further strengthening and deepening the
economic ties between the two nations.


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