Day: January 2, 2026

A flagship initiative in this regard is the Caspian Green Energy Corridor, for which ADB is providing $1.2 million in technical assistance. In April this year, ADB, the Asian Infrastructure Investment Bank (AIIB), and the ministries of energy of Azerbaijan, Kazakhstan, and Uzbekistan signed a memorandum of understanding to support the project’s feasibility study.

To date, Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) has provided ₼3.757 billion in loans to 56,808 borrowers, Azernews reports, citing an official statement from the Fund.

The Clash of Corridors in the South Caucasus

epcenter.ae/4quKJXx

#SouthCaucasus #CaucasusConflict

— EPC (@EmiratesPolicy) Jan 2, 2026

Azerbaijan-Armenia normalization push set to carry into 2026 | Daily Sabah  Daily Sabah

🇦🇿🇺🇸🇦🇲 Section 907 in era of TRIPP: Advancing US strategy in South Caucasus – Azerbaijani presidential aide for The Washington Times

#Caliber #Azerbaijan #Armenia #USA #Trump #SouthCaucasus #politics #ncaliber.az/en/post/status…0a8OaD

— Caliber English (@CaliberEnglish) Jan 2, 2026

The upward trend highlights the gradual strengthening of domestic cotton processing and the expansion of value-added production in the non-oil sector.