Since establishment State Oil Fund of the Republic of Azerbaijan cooperates with international organizations, financial institutions and banks. Development areas and objectives of the Oil Fund, known by the world organizations like economical partner in international relations can be classified as follows:

 

 

 

Fund's dynamic economical development grows the attention and interest of international financial institutions to the Oil Fund. Experts of international financial institutions, including the International Monetary Fund and the World Bank regularly visit the Oil Fund. During the visits they exchange views with respect to the growth patterns of the Oil Fund's assets, the State Oil Fund's place and position in developing the country's financial system and macroeconomic regulation policy as well as possibilities and options of using modern regulatory and financial mechanisms and the Fund's investment policy. 

 

Application of the best international practices, learning and sharing experience specifically essential for development and promotion of the Oil Fund's international relations. Since establishment the Oil Fund has been continually exploring the best international practices for improvement of the Fund's legal and regulatory framework and the application of methodologies for evaluating the effects of oil revenues of macroeconomic dynamics. The implementation of advanced and modern economic mechanisms is particularly important in this field.