AGP Executive Report
Last update: 12 hours agoAzerbaijan Economy: The non-oil sector now makes up 71.5% of GDP, while the economy’s model keeps pushing extra revenues into oil fund and central bank reserves to support stability. Shadow Employment Crackdown: The Economy Minister says results from past tax exemptions for workers in non-oil private sectors helped curb shadow work, and new steps are planned. Karabakh & East Zangezur Incentives: Incentive measures there are under review, with possible extensions of tax, customs, social and utility benefits plus more loan support and human-capital focus. Middle Corridor Boost: Hikmet Hajiyev says the Middle Corridor is shifting from a transport route into a wider geo-economic system, with BTK and the Zangezur corridor strengthening East-West links. Air Corridor Demand: Azerbaijan’s overflights surged as airlines avoid conflict zones, with daily traffic rising sharply since 2022. Tourism Push to China: Azerbaijan Tourism Board opens a Beijing office to grow China as a top source market, supported by visa-free travel. Tech & Business: Google rolls out Gemini 3.5 Live Translate for real-time voice translation, including Azerbaijani. International Pressure: US lawmakers advance a move demanding Azerbaijan release Armenian POWs, while separate reports allege Israeli special forces operated from southern Azerbaijan during the Iran conflict.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.