AGP Executive Report
Last update: 6 hours agoRegional Connectivity: EBRD says the Middle Corridor must grow beyond a transport route into an economic corridor that creates jobs and business opportunities. The EIB is assessing investment in the Nakhchivan railway and other regional energy and digital links. Trade: Azerbaijan exported $23.45 million in goods to Armenia in January–September, while imports from Armenia were just $96,460. Trade and transport links with Georgia were also discussed as Azerbaijani investment there reaches $3.6 billion across more than 5,500 companies. Energy: Offshore construction has begun on the $2.9 billion Shah Deniz Compression project, expected to deliver an additional 50 billion cubic metres of gas over its lifetime and start production in 2029. Investment and Finance: The EBRD’s loan portfolio in Azerbaijan stands at €879 million, while the Black Sea Trade and Development Bank has financed more than €700 million in projects. AzerGold has established its first foreign subsidiary, in Uzbekistan, as Azerbaijan expands its regional business ties.
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