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The State Oil Fund of Azerbaijan Republic (SOFAZ) is a sovereign wealth fund established to manage the country's oil and gas revenues effectively. Since its inception in 1999, SOFAZ has played a crucial role in ensuring the long-term economic stability and growth of Azerbaijan by strategically investing in diverse global assets. The fund is guided by principles of transparency, accountability, and sustainable development, aiming to benefit future generations. With a commitment to best international practices, SOFAZ contributes significantly to the socio-economic progress of the nation.