BAKU, Azerbaijan, October 1. The Trans-Caspian
Enterprise Fund will catalyze private investment in regional
connectivity, said the U.S. Chargé d’Affaires ad interim in
Azerbaijan, Amy Carlon.


She made the remarks September 30 during the U.S.-Azerbaijan
Chamber of Commerce (USACC) Members and Parters Appreciation Night
in Baku.


“As an equity holder in the Trump Route for International Peace
and Prosperity (TRIPP), the United States is not just a bystander
here. We have skin in the game, as we say. The recently established
$201 million Trans-Caspian Enterprise Fund will catalyze private
sector investment in connectivity across the region. USACC has been
our partner throughout this incredible journey, including this
event tonight and the roundtable just last week in Washington with
the State Department and the World Bank on regional connectivity,”
she said.


Carlon recalled that she arrived in Azerbaijan shortly before
President Trump's historic August 2025 Washington Peace Summit.


“The summit did more than create a pathway to sustainable peace.
It also launched the Trump Route, and laid the groundwork for the
U.S.-Azerbaijan strategic partnership. USACC has been our partner
since day one. Last September, USACC led a Trans-Caspian business
mission to Azerbaijan, Georgia, and Kazakhstan. This mission was
one of the first major economic successes of my tenure in
Azerbaijan and a signpost for what was to come. Then in February,
Vice President J.D. Vance, our highest-level visitor in Azerbaijan
since 2008, traveled to Baku to join President Ilham Aliyev in
signing the Strategic Partnership Charter, committing both of our
countries to deeper cooperation on regional connectivity, two-way
investment in sectors like AI and digital technology, and security.
In June, we held the first ever U.S.-Azerbaijan Economic Dialogue
and we put that charter into action. We signed a critical minerals
MoU, and we saw U.S. companies sign billions of dollars of deals
with Azerbaijani companies that will bring mutual prosperity and
jobs to both of our countries. And then just last week, at the
Azerbaijan International Investment Forum, we saw ExxonMobil,
Oracle, Apollo, and Comstock sign deals that could potentially
revolutionize Azerbaijan's energy and digital sectors. We're just
getting started. This is just the beginning of this relationship.
You may have seen we also held a successful side event related to
TRIPP at the UN General Assembly last week,” she said.







Carlon highlighted the role of the USACC in contributing to the
development of business relations between the U.S. and
Azerbaijan.


“Over the past 13 transformative months, USACC has been an
incredible and consistent partner to the U.S. Embassy in Baku, and
to my colleagues in Washington. Together with USACC and the
government of Azerbaijan and all the partners, we have made great
strides in taking the U.S.-Azerbaijan relationship to unprecedented
heights.


We rely on USACC and other private sector partners to achieve
our economic aims. We are focused on supporting U.S. companies in
succeeding here to deliver prosperity and jobs to the American
people and to bring that same prosperity here to Azerbaijan and the
region,” she said.