AGP Executive Report
Last update: 3 hours agoArmenia-Azerbaijan Peace & TRIPP: The US, Armenia and Azerbaijan marked the first anniversary of the White House peace summit, stressing border stability and progress on the TRIPP multimodal transit route, with the Trans-Caspian Enterprise Fund now operational after a $201m allocation. Energy Deals: Georgia’s electricity supply and transit agreements with Azerbaijan entered into force on Aug. 4, alongside a separate Azerbaijani natural gas supply deal to Georgia. Inflation Watch: Azerbaijan’s inflation hit 5.7% in the first seven months of 2026, with the central bank pointing to external factors and exchange-rate dynamics. Trade & Retail: Foreign trade turnover rose to $26.54bn in Jan–Jun 2026 (+9.1%); retail sales climbed 3.8% to AZN 38.4bn in Jan–July. Cybersecurity: Azerbaijan’s State Security Service said it disrupted an international cybercrime network using fake WhatsApp accounts to scam civil servants and company staff. Logistics & Events: Baku will host the Black and Caspian Freight Forum (Sept 7-9), focusing on corridors, investments, and the Middle Corridor, with TRIPP on the agenda. Banking: Fitch upgraded Azerbaijan banks’ operating environment rating to BB, while Moody’s highlighted strong liquidity reserves.
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