Trade turnover between the member states of the Eurasian Economic Union (EAEU) and the countries of the Shanghai Cooperation Organization (SCO) amounted to $368 bln in 2025, Chairman of the Eurasian Economic Commission Board Bakytzhan Sagintayev said.
The new batch of diesel fuel was dispatched from Azerbaijan to Armenia today. A train consisting of 16 wagons loaded with 974 tons of diesel fuel …
The European Commission is considering the reinstatement of relations with the new Syrian authorities and the elimination of customs duties on imports of Syrian products.
The U.S. military said its blockade of Iranian ports has been “fully implemented” and economic trade entering and leaving Iran by sea has been “completely halted”.
Russia and Uzbekistan should exponentially increase their mutual turnover by 2030, Russian Prime Minister Mikhail Mishustin said at the meeting of the Joint Commission at the level of Prime Ministers of Russia and Uzbekistan.
The World Bank forecasts Georgia's economy to grow by approximately 5% this year, with price growth expected at 5.5%.
The integration of the Persian Gulf region with the Middle Corridor may become one of the defining trade routes of the future, according to Azerbaijan Railways (ADY), Deputy Head of the Marketing Department at ADY Ziya Mammadov said.
The de facto closure of the Strait of Hormuz due to the US and Israeli war with Iran has been a shock to global trade, as reported by the UN.
Azerbaijan has increased its investment activity in the Russian economy in 2025 to $52.8 million, while Russia invested $267.8 million in Azerbaijan.
In January-February 2026, trade between Moscow and Tbilisi increased by 0.5%, reaching over $418 million.
China and the USA are actively engaged in trade negotiations, with preliminary agreements been reached.
Turkey will lose tens of billions of dollars in export revenues and tourism dollars from the Middle East if the Iran war lasts for three months, The Ekonomim business newspaper writes.
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.
U.S. President Donald Trump's administration is considering new national security tariffs on a half-dozen industries after a Supreme Court decision last week that invalidated many of his second-term levies, the Wall Street Journal reported.
In January of this year, the trade volume between Azerbaijan and Georgia amounted to $77.9 million, reflecting an increase of nearly $5 million compared to the same period last year.
The U.S. Supreme Court recognized that introduction of import tariffs by the administration of U.S. President Donald Trump was not authorized under the International Emergency Economic Powers Act (IEEPA).
In January, Azerbaijan's fuel exports to Armenia surpassed $2 million, with these shipments having commenced at the end of the previous year.
Hazelnut exports generated 32% more revenue for Azerbaijan last year compared to the previous year, with total export value reaching nearly $171 million.
A Russia-U.S. working group is considering prospects for trade and economic cooperation, and the Kremlin hopes these discussions will continue, Kremlin Spokesman Dmitry Peskov said.
Russia would not want an escalation in the form of U.S. tariffs over Moscow’s aid to Cuba, but Russian-American trade is now virtually at zero anyway, Kremlin spokesman Dmitry Peskov said.
