10
Aug
Washington, Aug 10 (IANS) The United States has launched a $201 million fund to promote private investment along the Trans-Caspian Trade Route as it moves to turn a US-brokered Armenia-Azerbaijan peace initiative into a regional transport and economic corridor. Secretary of State Marco Rubio announced that the Trans-Caspian Enterprise Fund was operational with a newly elected board of directors and capital provided by the US government. “Today, I am pleased to announce that the Trans-Caspian Enterprise Fund is up and running, led by a newly elected board of directors and capitalized with $201 million in U.S. government funding to spur…