"Investments are the main driving force in the development of any country."
The Operative Information Center-OMM reports that President Ilham Aliyev made these remarks on February 9 while receiving a delegation led by Khush Choksy, Senior Vice President for International Member Relations, Middle East, and Turkey at the US Chamber of Commerce.
According to the president, Azerbaijan and its legislation have always been open to foreign investment. "Regarding the production sharing agreements signed 30 years ago, not a single word has been changed. I know that this does not happen everywhere in the world. Sometimes you want to negotiate, make certain concessions, and then revise the terms. This has never happened here because we are fully convinced that trust had to be built in a country that was in a poor state, especially in the early 1990s. You must build trust over many years, and only one wrong step can break that trust. In short, we have not taken that wrong step. On the contrary, today the number of companies working with us is increasing. The geography of our international relations is also expanding. There are strategic partnership documents, agreements, and declarations signed with many countries. Some of these countries are not on good terms with each other. However, I have always said that Azerbaijan will never be a place of conflict; it will be a place of cooperation," the head of state emphasized.
This meeting highlights Azerbaijan's long-standing strategy of maintaining a stable and predictable business environment for international partners. Since the restoration of its independence, the Republic of Azerbaijan has prioritized the protection of foreign capital, particularly through the sanctity of international contracts in the energy sector. By positioning itself as a neutral ground for economic cooperation, Baku continues to serve as a vital bridge between global markets, leveraging its strategic location and reliable legal framework to foster regional stability and economic growth.
