Ilham Aliyev met with CEO of Brookfield Asset Management in New York

On September 22, President of the Republic of Azerbaijan Ilham Aliyev met in New York with Bruce Flatt, CEO of Brookfield Asset Management, one of the world’s largest alternative investment firms.

Bruce Flatt noted that his 2023 visit to Azerbaijan had left a deep impression on him due to the country’s economic achievements and development. He highlighted the steadily expanding and successful cooperation between his company and the State Oil Fund of the Republic of Azerbaijan.

Flatt also congratulated Azerbaijan on the results achieved in Washington regarding the normalization of relations with Armenia, stating that this creates favorable opportunities for deepening economic cooperation in the region.

Hailing the successful development of relations between Azerbaijan and Brookfield Asset Management, President Ilham Aliyev emphasized that this opens broad opportunities for the long-term strategic growth of their cooperation.

During the conversation, they also exchanged views on Azerbaijan’s potential in the renewable energy sector and the prospects for the country to become a regional energy hub.

Founded in 1899 and headquartered in Canada, Brookfield Asset Management is a leading global alternative investment firm. Its portfolio spans infrastructure, real estate, renewable energy, private equity, and credit. The company currently manages assets worth over $1 trillion and is represented in major financial centers worldwide, including New York, London, Sydney, Dubai, São Paulo, Mumbai, and Shanghai.