Baku and Islamabad discuss developing economic cooperation
Officials from Azerbaijan's and Pakistan's economic ministries held talks on boosting trade and investment, and also discussed ways to broaden business community contacts.
Officials from Azerbaijan's and Pakistan's economic ministries held talks on boosting trade and investment, and also discussed ways to broaden business community contacts.
Azerbaijan and Iran held talks on expanding cooperation in trade, transport, and investment, and agreed to reinforce bilateral business links.
One of the things which has not changed is Azerbaijan’s stable, successful development, Azerbaijani President Ilham Aliyev said during his speech at the opening ceremony of the 2026 Annual Meetings of the Islamic Development Bank Group.
The head of the Armenian government noted that the people of the country have chosen the path of peace and "stood up to defend it."
A more positive outlook for Azerbaijan's economy has been published by the World Bank, which projects GDP growth of 2% in 2026.
More than 71% of Azerbaijan’s economy belongs to the non-oil sector, Azerbaijan’s Minister of Economy Mikayil Jabbarov said in an interview …
Azerbaijan plans to increase the annual value of its agricultural exports from the current $1.5 billion to $2 billion by 2030, Azerbaijan's Deputy Minister of Agriculture Zaur Aliyev said at a press conference dedicated to the State Program on the Development of Agriculture, Fisheries, and Aquaculture Production and Processing for 2026-2030.
Azerbaijan's Energy Minister revealed natural gas export figures to Europe for the previous year and the beginning of this year, with Türkiye receiving the largest share.
Azerbaijan delivered 2.3 billion cubic meters of natural gas to Turkey during the first three months of the year, marking an increase of over 3% compared to the same period in 2025.
Last year, production was approximately 13,400 boepd
In January-April 2026, Azerbaijan’s non-oil exports amounted to $1.1 billion, which is 13% more than in the same period of 2025, according to the May edition of the “Export Review” magazine published by the Center for Analysis of Economic Reforms and Communication.
The Deputy Chairman of the Central Bank of Azerbaijan held a meeting with an ADB representative to discuss the current state of bilateral cooperation.
Azerbaijani gas supplies via North Macedonia could begin in 2027, once the interconnector is opened.
Eight railcars loaded with fertilizer will be dispatched from Azerbaijan to Armenia today.
The master plans of 11 more cities in Azerbaijan will be approved, chairman of the Committee on Urban Planning and Architecture Anar Guliyev said at an event held in Baku on the theme "Entrepreneurship Development is a Strong Economy".
By the year 2030, Azerbaijan's GDP is projected to reach around 167 billion manat, with an anticipated rise in the contribution of the non-oil and gas sector.
Cotton exports brought Azerbaijan $41.1 million in January and February 2026, showing a 44.5% increase compared to the same period last year.
Azerbaijan has peace with Armenia on the ground, not only on paper, Azerbaijani President Ilham Aliyev said.
Baku and Yerevan are currently engaged in discussions regarding trade matters. Armenian Economy Minister Papoyan has stated that the trade turnover between the two nations could potentially reach several hundred million dollars.
Today, a total of 4,500 tons of diesel fuel will be sent from Azerbaijan to Armenia as the next batch of fuel within the scope of fuel product supplies.