Thursday, April 19, 2012
U.S.-AZERBAIJAN ECONOMIC PARTNERSHIP
FROM: U.S. STATE DEPARTMENT
U.S.-Azerbaijan Economic Partnership Commission
Media Note Office of the Spokesperson Washington, DC
April 19, 2012
The U.S. Department of State welcomed the Minister of Finance Samir Sharifov of Azerbaijan and his delegation for the third meeting of the U.S.-Azerbaijan Economic Partnership Commission (EPC), which met yesterday in Washington. Participating 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.
This strategic dialogue, co-chaired by Under Secretary of State for Economic Growth, Energy, and the Environment Robert D. Hormats and Minister 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 W. 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 A. Hoffman, and Special Envoy for Eurasian Energy Ambassador Richard Morningstar. The delegations discussed economic diversification, financial services, energy, trade and investment, and new, cooperative initiatives. Participants also discussed expanding the agreement under which the Government of Azerbaijan co-finances development projects implemented by USAID in Azerbaijan.