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Azerbaijan, US explore expanded economic, strategic cooperation at trade conference Photo

11 March 2026 20:29

Azerbaijan and the United States are working to deepen their economic and strategic ties through institutional dialogue, joint investment models, and comprehensive frameworks for partnership, officials said at the US-Azerbaijan Trade and Business Conference in Baku.

The event marked the 30th anniversary of the establishment of the US-Azerbaijan Chamber of Commerce, Caliber.Az reports via local media.

First Deputy Minister of Economy Elnur Aliyev highlighted the importance of transitioning bilateral discussions to an institutional level and strengthening trade and investment flows. He pointed to agreements signed during Azerbaijani President Ilham Aliyev’s visit to the US in August 2025 and the Charter of Strategic Partnership signed during US Vice President JD Vance’s visit to Azerbaijan in February 2026 as milestones in a new phase of relations.

Aliyev also noted that the Trump Roadmap for International Peace and Prosperity (TRIPP), outlined in the Joint Declaration on Peace signed by the leaders of Azerbaijan and Armenia with participation from the US President, is expected to boost trade and investment between the two countries.

During his address, Aliyev detailed Azerbaijan’s favourable business climate, the economic potential of the Karabakh and East Zangezur regions, transit and logistics advantages, and the Alat Free Economic Zone, designed as a centre for value-added activities.

US officials attending the conference — including Jeffrey Kessler, Deputy Assistant Secretary for Industry and Security at the Department of Commerce, and Reggie Singh, Deputy Assistant Secretary for Energy and Critical Minerals at the Department of State — stressed the importance of promoting business ties and joint initiatives in areas of mutual interest.

The conference featured panel sessions on technology and innovation, digitalisation, energy infrastructure, finance, and banking, alongside extensive discussions on bilateral cooperation and investment opportunities.