Azerbaijan news

Azerbaijan
Economy

Uzbekistan, AIIB explore transport, energy and water projects

Uzbekistan and the Asian Infrastructure Investment Bank (AIIB) discussed expanding cooperation on road and railway networks, logistics corridors, energy infrastructure and water systems during a meeting in Bangkok on October 15. According to a statement from the Uzbekistan Ministry of Economy and Finance, Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov met AIIB President Zou Jiayi on the sidelines of the annual meetings of the International Monetary Fund and the World Bank Group.

Trend
Azerbaijan
Environment & Climate

Turkmenistan urges support for Ashgabat Climate Dialogue initiative

BAKU, Azerbaijan, October 17. Turkmenistan has called on interested countries and international partners to support its initiative to establish the Ashgabat Climate Dialogue, a multilateral platform for cooperation on climate change and environmental protection. The call was reflected in a press release from the Turkmen government's press service, citing President Serdar Berdimuhamedov's speech at the 7th Summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) in Baku.

Trend
Azerbaijan
Diplomacy

Statements against Azerbaijan are backed by foreign circles, says MP

Azerbaijan's Cabinet of Ministers has adopted a decision on a uniform school uniform, which some political and public circles in Türkiye have met with discontent. Speaking to Modern.az, Aydin Mirzazada, a member of the Milli Majlis committee on defence, security and anti-corruption, said it is wrong to present statements by individuals against Azerbaijan as the position of the Turkish state.

Modern.az
Azerbaijan
Diplomacy

Ankara wants pragmatism on oil and principles from Baku

In a column for AzerNEWS, Farman Aydin asks whether Ankara regards Baku as an equal sovereign partner or as an ally whose foreign policy should conform to Turkish expectations. The question comes amid controversy over oil exports through the Baku–Tbilisi–Ceyhan (BTC) pipeline. The author argues that strategic partnerships cannot rely on historical sentiment alone and require mutual respect, consistent principles, and recognition that even close allies retain the right to pursue their own national interests.

Azernews
Azerbaijan
Diplomacy

Azerbaijan Could Take Asian Security Cooperation to a New Level, Expert Says

Azerbaijan's extended chairmanship of the Conference on Interaction and Confidence-Building Measures in Asia (CICA) until 2028 opens new opportunities for regional cooperation, security and joint economic projects, according to Ranokhon Tursunova, a professor at the University of World Economy and Diplomacy in Tashkent. She spoke to Day.az about the outcomes of the 7th CICA summit, held in Baku on 15 October.

Day.az
Azerbaijan
Economy

Azerbaijan discusses fiscal reforms and investment cooperation with IMF and ADB

Azerbaijan has held a series of meetings with representatives of the International Monetary Fund (IMF), the Asian Development Bank (ADB) and other international financial institutions to discuss fiscal reforms, economic diversification and future investment cooperation. According to the Ministry of Finance, First Deputy Finance Minister Anar Karimov held the discussions on the sidelines of the Annual Meetings of the IMF and World Bank Group in Bangkok, Thailand.

Azernews
Azerbaijan
Economy

Azerbaijan’s $15.4 billion reserve cushion strengthens case for manat stability

Azerbaijan expects to keep the manat at 1.70 to the US dollar through 2030. The Ministry of Economy has incorporated this rate into its macroeconomic projections for 2027–2030. According to the government, the stable manat has supported domestic demand, limited currency risks in financial and consumption decisions, and strengthened the national currency's position in household savings.

Azernews
Azerbaijan
Economy

Azerbaijan's strategic reserves are six times the combined reserves of Armenia and Georgia

Azerbaijan holds the leading position in the South Caucasus by volume of strategic foreign currency reserves. According to the State Statistics Committee, the country's strategic reserves stood at $89.38 billion as of 30 September 2026. This amount is about 19.8 times the country's external public debt of $4.51 billion. The reserves are about 10.9 times Georgia's international reserves of $8.17 billion, announced in September, and 13.4 times Armenia's foreign currency reserves of $6.66 billion.

Day.az
Azerbaijan
Diplomacy

US backs UK position on Iran's alleged role in planned attack on RAF Fairford base

US Secretary of State Marco Rubio told journalists that the United States shares the United Kingdom's position regarding Iran's alleged involvement in preparations for an attack on the RAF Fairford airbase. Rubio said Britain had stated that Iranians were behind the preparations, that there was no basis to disagree with this assessment, and that the US also shares this position.

Report.az
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