EU Sanctions Watch: EU foreign policy chief Kaja Kallas says a new Russia sanctions package could be the bloc’s biggest since 2022, potentially boosting the number of listed Russian entities by about a third. Nakhchivan Energy Pivot: President Ilham Aliyev’s Nakhchivan visit highlighted a shift toward export-ready power, with new industrial and thermal projects plus solar capacity, positioning the exclave as a future energy and logistics hub. AI + Power Strategy: Azerbaijan is exploring a Baku AI computing platform (up to 1 GW) that could turn renewable electricity into high-value digital output, with CITIC Group discussed as a partner. Regional Trade Links: Azerbaijan and Romania’s business communities discussed expanding interregional cooperation between Karabakh/Garabagh and Maramureș, including direct contacts and reciprocal visits. Tax Compliance Update: Azerbaijan will require certain foreign non-resident e-commerce providers to do electronic tax registration once annual turnover exceeds the $10,000 manat equivalent (from Aug. 23). Tourism Push in Russia: Azerbaijan Tourism Board’s Moscow business breakfast with FUN&SUN and travel agencies promoted Azerbaijan’s tourism offers; Russia remains a key source market. US-Iran Pressure Spillover: Trump vowed stronger economic pressure on Iran, with possible new steps targeting Chinese “teapot” refiners and other Iran-linked trade and finance.