AGP Executive Report
Last update: an hour agoEurasian Retail Expansion: Jumbo S.A. and BALFIN Group signed a deal that extends BALFIN’s exclusive rights to develop the Jumbo brand across Armenia, Azerbaijan, Georgia, Kazakhstan, Ukraine and Uzbekistan, with a new China-based central logistics hub and a shift to BALFIN running the full supply chain for the expanded markets. Digital Payments: Epoint launched “Click to Pay with Visa” on its platform, aiming to speed online checkout and cut fraud by letting customers use enrolled cards via email/phone and, when needed, a one-time passcode. Trade & Agreements: Azerbaijan-UAE’s Comprehensive Economic Partnership Agreement has entered into force, designed to liberalize and facilitate trade and expand market access. Aviation & Events: Heydar Aliyev International Airport handled 194,793 passengers during WUF13 (May 15–24), using enhanced transport and terminal flow measures. Insurance & Finance Policy: Azerbaijan approved a 2027–2030 state program to expand financial inclusion, and the 11th Azerbaijan International Insurance Forum is set for June 24–25 in Baku. Regional Connectivity: The Baku–Tbilisi–Baku passenger train resumed after six years, with daily service starting May 26.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.