US envoy: Azerbaijan's importance as Europe-Asia transit hub to grow
Azerbaijan intends to become an even more important transit connection between Europe and Central Asia, US Ambassador Richard Morningstar has said.
Morningstar, in his speech at an American Chamber of Commerce (AmCham) event on Friday, stressed the significant growth of Azerbaijan's economy in the past years and expressed interest in helping the country to diversify its economy well beyond the energy sector.
According to Morningstar, the country's economic statistics shows a lot of progress, however there are still issues "we need to deal with and work together on".
The ambassador also expressed interest in drawing more US companies to Azerbaijan.
"I am very much interested in getting more American companies involved here. We are ready to work with the [local] companies to develop the economy," he said.
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