President Ilham Aliyev meets with founder and Co-Executive Chairman of Carlyle Group in Davos

President of the Republic of Azerbaijan Ilham Aliyev met with founder and Co-Executive Chairman of Carlyle Group David Rubenstein in Davos.

Report says, citing AzerTag, that founder and Co-Executive Chairman of Carlyle Group David Rubenstein hailed the cooperation between the organization headed by him and Azerbaijan's State Oil Fund and informed the head of state of prospects for future collaboration.

President Ilham Aliyev pointed to the development of Azerbaijan's economy, saying that the non-oil sector industry grew by 14 percent, while agriculture by 7 percent in the country last year.

The sides hailed the favorable investment climate created in Azerbaijan. They emphasized the ample opportunities for the development of cooperation between Azerbaijan and one of the world's leading companies Carlyle Group in funds management.