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.
The 17th meeting of the Joint Intergovernmental Commission on Economic, Trade, and Humanitarian Cooperation between Azerbaijan and Iran was held yesterday in Baku.
Georgia has set a symbolic price for the transportation of petroleum products from Azerbaijan to Armenia across its territory. The tariff rate was discussed during a meeting in Yerevan between ministers Kvrivishvili and …
The Deputy Minister of Economy of Azerbaijan met with a representative of the Asian Development Bank (ADB). The conversation focused on prospects for further cooperation.
Hazelnut exports generated 32% more revenue for Azerbaijan last year compared to the previous year, with total export value reaching nearly $171 million.
The parties are already negotiating a new agreement
The International Monetary Fund forecasts that Azerbaijan’s non-oil economy will grow by around 4% in 2026.
Azerbaijan exported approximately 493.980 million kWh of electricity to Georgia in the period from January through November 2025, the State Statistical Committee reported.
Azerbaijan's gold reserves have surpassed 200 tonnes by year-end, marking an increase of 36.4%. Gold now accounts for 38.2% of the investment portfolio of the national oil fund.
Non-oil exports from Azerbaijan to Israel increased by 27%.
Today Azerbaijan sees a growing interest in renewable sources, President of Azerbaijan Ilham Aliyev said during an event titled “Azerbaijan Executive Breakfast,” held as part of the annual meeting of the World Economic Forum in Davos.
The United Nations has presented a new two-year economic growth forecast for the South Caucasus, predicting real GDP growth in Azerbaijan, Armenia, and Georgia to range from 2.7% to 5.4%.
The 2nd Azerbaijan-Türkiye Investment Forum was held in Baku yesterday. Türkiye's Vice President Cevdet Yilmaz said bilateral trade between Türkiye and Azerbaijan reached $8 billion in 2024. He noted …
Russia also increased its investment in Azerbaijan's economy
Russia remains a key destination for Azerbaijan's non-oil and gas exports. The value of supplies over the first 11 months of the year reached $1.08 billion, a 1% increase year-on-year.
Amirbekov noted that the Zangezur Corridor will connect Azerbaijan and Armenia for the first time in 30 years
The majority of this investment came from the UK, UAE, Türkiye, Russia, the US, and Iran
Azerbaijan has emerged as the fourth-largest investor in the Georgian economy, according to preliminary data from the Georgian National Statistics Office (Sakstat).
Azerbaijani Foreign Minister Jeyhun Bayramov and Iranian Foreign Minister Seyyed Abbas Araghchi discussed the issues of bilateral relations, international and regional relations.
