AGP Executive Report
Last update: 16 minutes agoSOCAR’s Global Push: SOCAR says AZN 86.3bn sales revenue in 2025, with 58.6% (AZN 50.6bn) tied to Switzerland—showing how the state oil giant is shifting from a domestic player to a more international trading business. Cross-Border Trade & Logistics: Azerbaijan’s cargo transit hit 9.1m tonnes in Jan–Jul 2026, up 11.6%, as East-West and North-South corridors gain momentum. Caspian Corridor Angle: Azerbaijan and Turkmenistan are moving toward tighter port and customs coordination, aiming to make Caspian logistics work as one integrated system. Digital & Payments: Meta will apply Azerbaijan’s 18% VAT to Facebook ads from Sept 1, 2026. Banking Leadership: Pasha Bank appointed Punhan Narimanov as chairman and CEO of its Georgian arm. Social Media Enforcement: A Baku court fined TikToker Javid Abbasov 700 manats for an obscene video. Regional Business Links: India’s embassy in Baku marked Independence Day and Bihar Diwas with cultural and tourism promotion.
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