President of Azerbaijan Ilham Aliyev received a delegation from Asian Development Bank (ADB), led by Masato Kanda, the president of the bank, on 14 November.
The meeting highlighted Azerbaijan’s long-standing cooperation with the ADB, noting the $5.5 billion in financial support since 1999 for projects in transport, energy, healthcare and other key sectors.
The sides discussed the successful cooperation between the ADB and Azerbaijan in the private sector, along with the public sector.
Joint projects implemented in oil and gas, electricity, roads, railways, agriculture, water supply, wastewater disposal and other areas were highlighted.
It was noted that the achievements attained in Washington regarding the advancement of the peace agenda between Azerbaijan and Armenia also provide extensive opportunities for expanding the region's transport and transit capabilities.
The parties stressed the significance of connectivity on the Central Asia-Azerbaijan-Europe route. They also touched upon the new projects between Azerbaijan and ADB, and in this regard, discussed issues related to enhancing the railway and metro networks, and water supply.
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U.S. Vice President JD Vance will be joined by Under Secretary for Economic Affairs Jacob Helberg during a trip to Italy, Armenia and Azerbaijan from 9-11 February, underscoring Washington’s push on peace and economic connectivity in the South Caucasus.
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