AGP Executive Report
Last update: 8 hours agoIndia Trade Reset: Baku and New Delhi agreed to bring business communities together and expand trade, investment, energy and transport links during Indian Foreign Minister S. Jaishankar’s visit. Bilateral trade reached about $600 million in the first half of 2026, while more than 1,000 Indian companies operate in Azerbaijan. Digital Connectivity: Azerbaijan and Kazakhstan launched the first fiber-optic cable across the Caspian, a 380-kilometre link with capacity above 400 terabits per second, strengthening the region’s Europe–Asia digital corridor. Public Finances: Azerbaijan expects 872 million manats in state-company dividends in its updated 2027 budget and plans to forecast 60% of the state budget electronically. Energy and Trade: Azeri Light crude rose to $121.95 a barrel, while Azerbaijan’s trade with the EU topped $15 billion in the first nine months of 2026. Agriculture: Parliament approved the first reading of a draft law consolidating rules for the sector, with aims including food security, rural development and climate adaptation.
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