trade

Azerbaijan-Georgia trade turnover up 42 percent

Trade turnover between Azerbaijan and Georgia increased by 42.3% year-on-year to $887.95 million in January-September 2026, according to Azerbaijan's State Customs Committee.

Russia switches to national currencies in trade with EAEU states

Russia has fully transitioned to national currencies in trade with the Eurasian Economic Union (EAEU) member states, bypassing the use of the U.S. dollar and the euro, State Secretary of the Union State of Russia and Belarus Sergey Glazyev announced at the 4th Minsk International Conference on Eurasian Security.

Azerbaijan and China increase trade turnover

Trade turnover between Azerbaijan and China rose by 1.7% to nearly $3.46 billion from January through September 2026, according to the Azerbaijani State Customs Committee.

Tehran requests Moscow to reinforce Southern Caspian ports

Iran is reinforcing its Southern Caspian ports and requests Russia to do the same to safeguard the bilateral trade," Iranian First Vice President Mohammad Reza Aref said at the meeting with Russian Prime Minister Mikhail Mishustin.

Turkic states eye establishing common payment systems

Plans are underway to establish common payment systems among Turkic states, Board Member of the Payment and Electronic Money Institutions Association of Türkiye (TÖDEB), Tarık Tombul, said at the Baku Fintech Sector Trade Mission Program.

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