Baku: U.S. Assistant Secretary of State for Economic, Energy, and Business Affairs Caleb Orr has disclosed that the United States has signed agreements worth over $8 billion with Azerbaijan, covering various sectors beyond just energy. Orr highlighted the significant role of U.S. companies such as Assad and Chevron in Azerbaijan's oil and gas industry, describing the nation as a key player in the sector.

According to Azeri-Press News Agency, Orr emphasized the growing partnership between the United States and Azerbaijan. The recent agreements are part of a strategic effort to expand investments, particularly in the energy sector, while also branching out into other areas of the economy. Orr stated, "We're doubling down on energy sector investments. But we're taking that and we're turning that foundation into a much bigger structure."

Orr further detailed that these agreements are not solely focused on the energy industry. They include investment funds directed towards the energy sector and also involve the Trump Group for International Peace and Prosperity. This group is engaged in developing a historic infrastructure corridor in Azerbaijan, aimed at fostering international peace and prosperity.

The U.S. official outlined that the planned infrastructure corridor is expected to be multimodal, supporting passenger traffic as well as energy and digital infrastructure. Orr remarked, "We expect to be multimodal, carrying not only passenger traffic, but energy and digital infrastructure as well." He expressed optimism that these developments represent a committed effort by the United States to deepen economic ties with Azerbaijan and drive investment in critical sectors of the country's economy.