US BUSINESS CIRCLES INTERESTED IN PROJECTS CONNECTED TO TRANSPORT AND TOURISM IN AZERBAIJAN
At the briefing, speaking were representatives of the Ministry of Trade, Export-Import Bank, US Agency for Trade and Development and also representatives of Overseas Private Investment Corporation (OPIC) on Eurasia. They have acquainted participants with the favorable branches of Azerbaijan, spoke of credits and insurance, given to the American companies by the US government. It has been marked that recently business ties with Azerbaijan, having stepped for frameworks of oil and gas sector, have extended and in other spheres of economy. Also is causing interest creation in Azerbaijan networks of hotels, telecommunication projects and tourism.
Stein Daniel, director of US Trade and Development Agency on Eurasia in conversation with correspondent of AzerTAj has told: “After waiver of the known 907 Section, the Agency has put more than 5 million dollars of investments into various branches of economy in Azerbaijan. Mr. Stein has emphasized, that currently in Azerbaijan a great interest is caused with the projects connected to improvement air and seaports, tourism. As he said, development of tourist area will promote opening of numerous workplaces. To this end, Azerbaijan should pay special attention to development of tourism. Next week in Baku, will be signed the document on allocation by Agency of Trade and Development to the Ministry of youth, sports and tourism of Azerbaijan of means in the amount of 380 thousand dollars on tourist projects. Daniel Stein underlined: “As a result of realization of economic reforms in Azerbaijan there is promotion everywhere and we hope, that the new management of the country will be devoted to these reforms. And it, in turn, even more will raise interest of the American companies to Azerbaijan.