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.
Trade turnover between Russia and Saudi Arabia could exceed $4 bln by the end of 2025, Russian Industry and Trade Minister Anton Alikhanov said.
Georgian Deputy Foreign Minister Lasha Darsalia discussed investments in the construction of the Middle Corridor with representatives of the US Department of Commerce.
Another shipment of Russian grain will depart for Armenia today, transiting through Azerbaijan to reach its destination.
This is a sharp recovery from a drop to $72.10 in early February
Kazakhstan has set a goal to double its mutual trade turnover with Vietnam in 2026, Kazakh Deputy Prime Minister of National Economy Serik Zhumangarin said during his meeting with Deputy Prime Minister of Vietnam Nguyen Hoa Binh.
A large delegation of Turkish business leaders will accompany Turkish President Recep Tayyip Erdoğan on his visit to Saudi Arabia, where the focus will be on potential announcements signaling further advancements in economic cooperation.
