Azerbaijan, Asian Development Bank discuss cooperation prospects

Baku, November 15, AZERTAC Azerbaijan and the Asian Development Bank (ADB) have discussed cooperation prospects as Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) Shahmar Movsumov met with ADB Vice-President Wencai Zhang. Mr. Movsumov highlighted the Fund’s activity, management of its assets, investments and activities of Azerbaijan in the frame of Extractive Industries Transparency Initiative (EITI). Mr. Zhang gave information about important projects carried out by ADB in Azerbaijan.