AGP Executive Report
Last update: 2 hours agoTrade: Azerbaijan–Czech Republic trade rose 26.3% year-on-year to more than $958 million in January–September, surpassing the 2024 total. Georgia ties: Trade with Georgia climbed 42% to nearly $1 billion over the same period, while Azerbaijani investment there approaches $4 billion. The two governments signed cooperation documents at their economic commission meeting and pledged to expand trade and investment. Energy exports: Azerbaijan has begun shipping fuel to Kyrgyzstan, adding a Central Asian destination as Bishkek diversifies imports beyond Russia. Financial strength: Azerbaijan’s strategic foreign-exchange reserves reached $89.4 billion, while the Central Bank says it could buy up to $1 billion in foreign currency by year-end. Business finance: Loans by Azerbaijani banks to micro, small and medium-sized businesses rose 13.6%.
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