OREANDA-NEWS. On December 25, 2007 Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) received Abdullah Woriekat, Jordanian Hashemite King’s special envoy for Central Asia and Azerbaijan, reported the press-centre of SOFAZ.

Sh. Movsumov briefed about the Fund’s activity,  as well as the projects financed by the Fund and management of its assets. He talked about SOFAZ’s leading role in implementation of the Extractive Industries Transparency Initiative (EITI), Azerbaijan’s representation at the international EITI Board and the Resolution drafted by the government of Azerbaijan for submission to the UN General Assembly.

The current economical relations between Azerbaijan and Jordan and development perspectives of these relations  were discussed at the meeting. A. Woriekat emphasized that Azerbaijan is a main partner of Jordan in the region.