As Azerbaijan and Armenia expand trade, analysts see a strategic move to sunset Russia’s influence in the region. With the Nagorno-Karabakh conflict closed, Moscow has lost its primary security lever; now, trade and diplomacy are cementing a new path for the long-time rival, an analyst told RFE/RL.
Day: March 24, 2026
Bypassing The Kremlin: Armenia And Azerbaijan Expand Trade, Testing Russia’s Grip Radio Free Europe/Radio Liberty
In the complex tapestry of global logistics, the Caspian Sea has often been viewed as a formidable geographical hurdle. However, for those who understand the history of maritime trade, it is a bridge. The recent announcement of a “Memorandum of Intent” between AZCON Holding and a private investor to establish a joint venture for the construction of 10 new “Ro-Ro” (Roll-on/Roll-off) vessels at the Baku Shipyard is more than a corporate deal. It is a declaration of intent from a nation that has dominated these waters since the mid-19th century. To understand the significance of this expansion, one must look back to 1858…
India’s direct investment in Azerbaijan recorded robust growth in 2025, even as overall foreign direct investment (FDI) inflows into the country declined. As reported by AzerNEWS, citing the Central Bank of Azerbaijan, India’s FDI in Azerbaijan reached $56.047 million in 2025. This represents an increase of $12.9 million, or 29.8%, compared to 2024.
Despite this growth, India’s share in Azerbaijan’s total FDI inflows remained relatively modest at…
Azerbaijan’s imports of vehicles and their parts declined in the first two months of 2026, though the category remained a major component of the country’s overall import structure, AzerNEWS reports. According to data from the State Customs Committee of Azerbaijan, the country imported vehicles and related parts worth $319.36 million in January–February.
This represents a decrease of…