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Azerbaijan's economic achievements presented in Los Angeles - PHOTOS

30 April 2010 [12:07] - TODAY.AZ
Executive Director of Azerbaijan Investment Company Afgan Isayev participated in the Milken Institute's annual conference in Los Angeles (Milken Institute Global Conference), Azerbaijani Consulate General in Los Angeles said.

A special roundtable on “Using Energy Wealth to Develop the Non-Oil Sector: The Azerbaijan Success Story” was organized to make presentation of Azerbaijan’s economic achievements.

In his speech, Isayev noted that despite global economic crisis, the Azerbaijani economy grew in 2009 and continues to grow in 2010, which shows a thoughtful approach by the government's long-term development strategy. He spoke about the success of economic reforms in the country citing ratings of international organizations, as well as the policy of the country's leadership to diversify the economy. He particularly mentioned the attention President Ilham Aliyev attaches to development of agriculture, alternative energy, tourism, manufacturing and new technologies.

Milken Institute is one of the leading business and information centers in the USA, specializing in the field of economics. Annual conference of the organization in Los Angeles is the most prestigious and representative event of the year on the West Coast. Its work involves heads of state, prominent politicians, leaders of major international companies, as well-known economists and political scientists. Azerbaijan participated in this conference for the third time.

As part of the visit to Los Angeles, Afgan Isayev also held a seminar in California for representatives of leading companies that are interested in the South Caucasus region. The event was organized by the Azerbaijan Investment Company with the support of the Ministry of Economic Development and the Consulate General of Azerbaijan in Los Angeles.


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