SOFAZ Delegation Visits China to Boost Investment Cooperation and Forge New Partnerships

A delegation led by Israfil Mammadov, CEO of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), is on an official working visit to China to strengthen investment cooperation and explore new opportunities for mutually beneficial partnerships.

On September 7, the delegation participated in a roundtable discussion with a senior Chinese government representative and leading institutional leaders, The Caspian Post reports via local media.

The event provided a platform for direct dialogue between investors active in China and government officials, focusing on expanding collaboration and identifying joint initiatives.

The Azerbaijani delegation also met with Qingsong Zhang, Chairman and CEO of the China Investment Corporation (CIC), to discuss specific areas of cooperation and outline next steps for launching joint projects.

The meetings underscored the significance of the Memorandum of Understanding signed between SOFAZ and CIC during President Ilham Aliyev’s state visit to China in April 2025. The agreement establishes a strategic framework for knowledge sharing, sustainable investment models, and the promotion of mutually beneficial initiatives, further enhancing bilateral ties between China and Azerbaijan.