Azerbaijan is located in southwestern Asia and is best known for its highly profitable oil reserve. Pumping over a million barrels of oil daily, the reserve is a huge attraction for international business and investment. In 1994, the oil rich country signed the "contract of the century" with thirteen companies abroad. Since then, Azerbaijan has seen major economic growth due to their success in oil exploration and exportation . The country's increased revenues have been invested into new government-funded international projects which have made Azerbaijan an international presence, not only economically but also culturally. In 2015, the country hosted the first ever Baku European Games . Azerbaijan is one of the most important locations for oil exploration and will continue to see economic growth and opportunity within the years to come.
About the Program
The IVLP is a professional exchange program that seeks to build mutual understanding between the U.S. and other nations through carefully designed short-term visits to the U.S. for current and emerging foreign leaders. Over the last 70 years, the IVLP has developed into the premier professional exchange program in the U.S. and brings over 200 emerging leaders to Jacksonville every year.