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US-AZERI RELATIONS DISCUSSED IN WASHINGTON
ArmRadio.am
19.08.2006 15:00
UN ambassador to Azerbaijan Anne Derse has highlighted the main aspects
of bilateral economic relations during a meeting at the US-Azerbaijani
Chamber of Commerce in Washington, Baku based ANS TV reported.
Derse recalled that during his visit to Washington Azerbaijani
President Ilham Aliyev had said that Azerbaijan was developing as a
modern and democratic country with a market economy. She added that
both president and his team had said during this visit that Azerbaijan
aimed to use oil revenues as a major source to develop the non-oil
sector and expand trade relations with the USA.
ANS's special correspondent Ali Ahmadov has the details.
[Ali Ahmadov, ANS's special correspondent, captioned, speaking over
phone over his still picture and video of meeting] The key speaker
at the presentation ceremony at the Ronald Reagan Business Centre
in Washington was US ambassador to Azerbaijan Anne Derse. She gave
an update on US-Azerbaijani economic relations. She said that the
two countries cooperate in different areas such as energy security,
the fight against terrorism and democracy. Generally, the USA views
Azerbaijan as its major partner in the economic area, as well as in
other areas. The main challenge is to further develop economic ties
and provide mutual assistance. Naturally, one of the main issues was
to increase the volume of US investments in Azerbaijan.
Derse said that the Azerbaijani government intended to develop the
non-oil sector. Being situated at the crossing of Asia and Europe,
Azerbaijan is a vital transport corridor. Derse mentioned the newly
commissioned Baku-Tbilisi-Ceyhan oil pipeline [designed to carry
Caspian oil to world markets] and the [Baku-Tbilisi-Erzurum] gas
pipeline which is under construction. She said that these pipelines
would increase Azerbaijan's role in the region. Touching on the
economic situation in Azerbaijan and US investment in the country,
Derse mentioned the non-oil sector. She said that the Azerbaijani
government wanted to develop the non-oil sector, including
telecommunications, agriculture and energy.
The business environment in Azerbaijan was immediately mentioned. It
was noted that there were certain problems in Azerbaijan such as
corruption and problems related to transparency. But the government
is already stepping up the fight against corruption and plans to
improve the situation in this area in accordance with international
standards. Corruption must also be tackled so that it does not prevent
Azerbaijan from spending its huge oil revenues in a very efficient way.
Investors who attended the meeting were interested in the situation
in Azerbaijan. They asked about how the Nagornyy Karabakh conflict
affected the investment climate in Azerbaijan. The ambassador said that
the conflict did not create problems for the investment climate in
Azerbaijan on the whole. There were other questions, too. It emerged
at the end of the meeting that a group of US businessmen and experts
from the US administration were expected to visit Azerbaijan soon to
hold talks with the government to resolve the problems of US companies
in Azerbaijan.
ArmRadio.am
19.08.2006 15:00
UN ambassador to Azerbaijan Anne Derse has highlighted the main aspects
of bilateral economic relations during a meeting at the US-Azerbaijani
Chamber of Commerce in Washington, Baku based ANS TV reported.
Derse recalled that during his visit to Washington Azerbaijani
President Ilham Aliyev had said that Azerbaijan was developing as a
modern and democratic country with a market economy. She added that
both president and his team had said during this visit that Azerbaijan
aimed to use oil revenues as a major source to develop the non-oil
sector and expand trade relations with the USA.
ANS's special correspondent Ali Ahmadov has the details.
[Ali Ahmadov, ANS's special correspondent, captioned, speaking over
phone over his still picture and video of meeting] The key speaker
at the presentation ceremony at the Ronald Reagan Business Centre
in Washington was US ambassador to Azerbaijan Anne Derse. She gave
an update on US-Azerbaijani economic relations. She said that the
two countries cooperate in different areas such as energy security,
the fight against terrorism and democracy. Generally, the USA views
Azerbaijan as its major partner in the economic area, as well as in
other areas. The main challenge is to further develop economic ties
and provide mutual assistance. Naturally, one of the main issues was
to increase the volume of US investments in Azerbaijan.
Derse said that the Azerbaijani government intended to develop the
non-oil sector. Being situated at the crossing of Asia and Europe,
Azerbaijan is a vital transport corridor. Derse mentioned the newly
commissioned Baku-Tbilisi-Ceyhan oil pipeline [designed to carry
Caspian oil to world markets] and the [Baku-Tbilisi-Erzurum] gas
pipeline which is under construction. She said that these pipelines
would increase Azerbaijan's role in the region. Touching on the
economic situation in Azerbaijan and US investment in the country,
Derse mentioned the non-oil sector. She said that the Azerbaijani
government wanted to develop the non-oil sector, including
telecommunications, agriculture and energy.
The business environment in Azerbaijan was immediately mentioned. It
was noted that there were certain problems in Azerbaijan such as
corruption and problems related to transparency. But the government
is already stepping up the fight against corruption and plans to
improve the situation in this area in accordance with international
standards. Corruption must also be tackled so that it does not prevent
Azerbaijan from spending its huge oil revenues in a very efficient way.
Investors who attended the meeting were interested in the situation
in Azerbaijan. They asked about how the Nagornyy Karabakh conflict
affected the investment climate in Azerbaijan. The ambassador said that
the conflict did not create problems for the investment climate in
Azerbaijan on the whole. There were other questions, too. It emerged
at the end of the meeting that a group of US businessmen and experts
from the US administration were expected to visit Azerbaijan soon to
hold talks with the government to resolve the problems of US companies
in Azerbaijan.