Development prospects of Azerbaijan–U.S. economic cooperation discussed

Opportunities to expand cooperation with the U.S. in the fields of trade and investment promotion, energy, artificial intelligence, the digital economy, critical minerals extraction and processing, industry, transport, and tourism were discussed.

Minister of Economy Mikayil Jabbarov and SOCAR President Rovshan Najaf have met with the delegation led by Senator Steve Daines, a member of the U.S. Senate Committee on Foreign Relations and Chairman of the Subcommittee on Europe and Regional Security Cooperation.

During the meeting, it was noted that the strategic partnership between Azerbaijan and the U.S. is developing successfully based on the political will and mutual trust of the presidents of both countries.

The parties discussed opportunities to expand cooperation in trade and investment promotion, energy, artificial intelligence, the digital economy, critical minerals extraction and processing, industry, transport, and tourism. Furthermore, the role of the Middle Corridor and the TRIPP route initiative in developing international trade, economic integration, and strengthening regional connectivity was emphasized.

It was stated at the meeting that the Economic Dialogue mechanism within the framework of the Strategic Partnership Charter between Azerbaijan and the U.S. is one of the key institutional platforms for cooperation. Views were exchanged on a roadmap for implementing joint projects, and prospects for expanding cooperation in areas of mutual interest were reviewed.