The most efficient and results-oriented fund is precisely the Uzbekistan–Azerbaijan Investment Fund.

Axar.az reports that President Ilham Aliyev made the remarks at the third meeting of the Supreme Interstate Council of Azerbaijan and Uzbekistan.

The head of state noted: “I have been informed that out of $500 million, approximately $160 million have already been allocated. Naturally, I believe we will utilize these funds soon and define new avenues of cooperation. I must also mention that Azerbaijan has such formats of cooperation with various countries. However, I would say that the most efficient and results-oriented fund is precisely the Uzbekistan–Azerbaijan Investment Fund.