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Azerbaijan Considers Investments in Asia, Latin America

President Ilham Aliyev said Azerbaijan is considering investing in Asian and Latin American markets given its close political ties with countries in each region.

"Asia and Latin America look attractive in terms of diversifying our investment portfolio," President Aliyev said.

Azerbaijan's State Oil Fund, known as SOFAZ, is interested in investing in real estate in Singapore, Hong Kong, Malaysia, China and Australia, the fund's executive director, Shahmar Movsumov, said in an interview broadcast earlier this year.

Source: Bloomberg

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