Abstract:

EVALUATION OF THE ECONOMIC RELATIONS BETWEEN THE USA AND AZERBAIJAN

The study examined the economic relations between the United States of America and Azerbaijan. Relations between the United States of America and Azerbaijan date back to the 19th century. After Azerbaijan gained independence with the collapse of the USSR, both countries paid attention to making close relations. In this sense, the USA and Azerbaijan worked to develop relations in economic, commercial, political, legal, cultural, and other fields. This study examined the historical development and future of the relations between the two countries. In addition, the thesis study investigated the establishment and development of economic relations between the USA and Azerbaijan. In particular, the dynamics of commercial relations between the two countries were evaluated with statistical data. The topics researched, the generalizations made and the scientific results achieved allow some suggestions to be made regarding the development perspective of US-Azerbaijan relations. The development of US-Azerbaijan relations is in the interest of both countries, and more work is needed to resolve the current problems in relations. Supporting energy projects in which Azerbaijan participates also strengthens USA’s political interests in the region. Examining the US-Azerbaijan economic relations as of the period when Azerbaijan gained its independence until today will increase the studies on the development of these relations in the next years.

Keywords: US-Azerbaijan economic relations, comparative economic analysis, foreign trade