trade

Beijing names Baku key Belt and Road partner

Azerbaijan is a key partner of China in the joint construction of the Belt and Road Initiative, Chinese Ambassador to Azerbaijan Lu Mei said at an event dedicated to the 20th anniversary of China Southern Airlines' office in Baku.

EU introduces temporary measures to liberalize trade with Armenia

The Council of the European Union announced that it agreed to introduce temporary trade-liberalization measures for Armenian products to support Armenia's economy in light of trade restrictions imposed by Russia, the Council said in a communique.

Gold price hits three-month high

Gold prices hit their highest level in more than three months on Tuesday as continued conflict in the Middle East and ongoing political uncertainty fuelled the latest rally in the precious metal.

Georgia sharply increases Russian imports

Trade turnover between Georgia and Russia exceeded $1.8 billion in January-July 2026, marking a 20.9% increase year-on-year, according to the National Statistics Office of Georgia.

UAE halts trade transactions with Iran

The United Arab Emirates has announced a halt of all trade, financial, and commercial operations with Iran following its missile attack.

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