Today.Az » Business » United States to allocate $3.7m for trade development in Azerbaijan
31 May 2007 [08:36] - Today.Az
The USAID will allocate $3.7 million to strengthen Azerbaijan's trade potential, said the deputy U.S. Ambassador Mr. Donald Lu.
He added that the U.S. government has since 2004 rendered $3 million technical assistance to support Azerbaijan's WTO accession efforts.
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"Last October the U.S. ambassador to the WTO, Peter Allgeier, visited Baku and had meeting with a number of government officials," he noted. The deputy ambassador added that the trade among WTO members accounts for 90% of the goods and services traded worldwide.
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"Being in the outside would be negative for Azerbaijan," he concluded. Azerbaijan was granted observer status in 1997, APA reports.
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