AGP Executive Report
Last update: 2 hours agoAzerbaijan–Uzbekistan Deal Push: At the 4th Uzbekistan–Azerbaijan Interregional Forum in Tashkent, nearly 400 companies backed new cooperation documents across energy, finance, infrastructure, construction and manufacturing, with Azerbaijan’s Economy Minister Mikayil Jabbarov stressing private-sector momentum and regional connectivity. SOCAR Retail Expansion: SOCAR plans to enter Uzbekistan’s retail fuel market and invest in a gas-station network, while AzerGold will team up on geological exploration and mining projects. Agro Project in Fuzuli: Uzbek specialists are preparing an intensive “Dostlug” fruit orchard in Azerbaijan’s Fuzuli, with potential links between Syrdarya–Fuzuli and Qashqadaryo–Beylagan for horticulture and food processing. Baku Investment Scale: Baku Mayor Eldar Azizov said over $200bn has been invested in the capital over the past 20 years, positioning the city as a safe platform for infrastructure investment. Oil Price Watch: Azeri Light rose to about $97.12/bbl, while exports to Bulgaria surged 4.5x in Jan–Jul to 358,800 tonnes worth $253.1m. Transport Upgrade: A new Kalbajar–Lachin highway will cut the distance by about 32km, with major tunnel and bridge works already well underway. Transit Trade to Armenia: More Russian wheat and propane are moving to Armenia via Azerbaijan, adding to tens of thousands of tons already shipped through the route. Tourism Promotion: Azerbaijan showcased its tourism and cultural heritage at WITEX/WCAF in Kuala Lumpur with a national pavilion and business-focused presentations.
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