AGP Executive Report
Last update: 3 hours agoTRIPP Update: Armenia’s government has approved the draft law to start ratifying the US-backed “Trump Route” TRIPP framework, with the deal creating a long-term joint venture to manage corridor infrastructure while keeping Armenian sovereignty over borders and customs. Customs Incentives: President Ilham Aliyev signed amendments to the Customs Tariff law granting 15-year customs duty exemptions (from Jan 1, 2027) for certain goods produced or processed in the Alyat Free Economic Zone, if at least 50% is exported. Azerbaijan-Russia Talks: In Moscow, FM Jeyhun Bayramov and Lavrov discussed trade, transport links, humanitarian cooperation, and the 3+3 platform, with Russia reiterating readiness to help unblock Azerbaijan-Armenia communications. Middle Corridor & Ports: Azerbaijan and Kazakhstan are pushing a joint intermodal terminal at Alat Port to boost Middle Corridor capacity. Energy & Shipping Risk: With Hormuz tensions rising, Lavrov warned of oil-market damage; another vessel was hit near Hormuz and transit levels reportedly fell. Mine Action: ANAMA said 287,385 hectares were cleared in liberated territories, with 255,200 mines and unexploded ordnance neutralized. Azerbaijan-Uzbekistan JV: Azerbaijan and Uzbekistan signed terms for a geological exploration joint venture involving AzerGold and Uzbekgeologorazvedka.
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