AGP Executive Report
Last update: 11 hours agoEU-Azerbaijan Dealmaking: European Commission President Ursula von der Leyen met President Ilham Aliyev in Baku and unveiled a “Peace through Connectivity Package” with up to €200m in grants (mobilising up to €2bn total) for transport, energy and digital links across the South Caucasus, plus €20m for peace-fostering local programmes (healthcare, demining, skills and support for local businesses). Trade & Energy: Aliyev said the EU is Azerbaijan’s main trading partner in the region (over 40% of trade with EU member states; nearly 70% of South Caucasus trade with Azerbaijan) and noted half of gas exports go to EU members; von der Leyen called Azerbaijan a trusted energy partner and backed an EU-Azerbaijan Connectivity Partnership. Azerbaijan’s Finance Buffer: The Central Bank reported FX reserves above $13bn (about $13.16bn at end-June), up strongly in the first half of 2026. Aviation Expansion: AZAL announced direct flights to Brussels from May 8, 2027 (4x weekly) and new routes to Atyrau (from Aug 16, 2026) and Aktobe (from Sep 16, 2026), boosting business and tourism links. Regional Development Finance: Azerbaijan chaired the BSTDB Board of Governors meeting in Baku, alongside a business forum positioning Azerbaijan as a regional hub for development financing.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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