Baku: Economic cooperation between Azerbaijan and the United States is witnessing significant growth, with a large portion of Azerbaijan's portfolio investments focused on the U.S. capital and stock markets, as announced by Azerbaijan's Economy Minister Mikayil Jabbarov during a briefing on the outcomes of the first Azerbaijan-U.S. Economic Dialogue.

According to Azeri-Press News Agency, the minister highlighted that the documents signed during Baku Energy Week include plans for direct investments by Azerbaijani companies in U.S. markets. This investment strategy is poised for further development, reflecting the strengthening economic ties between the two nations.

The minister also pointed out that efforts are being made to expand trade cooperation and establish more inclusive mechanisms. Additionally, the collaboration in artificial intelligence and digital infrastructure is identified as a top priority for both countries. Mikayil Jabbarov emphasized the transformative impact of artificial intelligence on both economic and social fronts, noting the advanced technological and knowledge resources available in the United States.

The minister further elaborated on Azerbaijan's robust infrastructure, energy capabilities, and the potential for domestic and regional demand. He underscored Azerbaijan's commitment to not only infrastructure projects but also enhancing its ecosystem through human capital development, innovation, and increasing economic productivity.