ArmInfo. American companies have signed commercial agreements worth more than $8 billion with Azerbaijan, as stated by US Assistant Secretary of State for Economic, Energy, and Business Affairs Caleb Orr.
According to him, Azerbaijan is a country with rich natural resources and significant economic development potential, and American companies like Chevron are key players in the oil and gas industry.
"We are increasing investment in the energy sector. At the same time, we are transforming this solid foundation into a broader platform for economic cooperation. This week alone, American companies signed agreements worth over $8 billion," Orr noted, according to APA.
He emphasized that the signed agreements cover a variety of areas and are not limited to energy. "These projects also involve attracting investment funds to Azerbaijan's energy sector. The Trump Route for International Peace and Prosperity initiative, created as part of the historic peace agreement brokered by US President Donald Trump, also plays a significant role. This is a historic infrastructure corridor in which we are also investing," the US official continued.
