The Coronavirus pandemic has a serious negative impact on the economy of Azerbaijan in 2020, the scale of the consequences of which is not taken into account either by international rating agencies or local experts.The country's GDP in January-April grew by only 0.2%, while non-oil GDP fell by 0.8% and oil GDP managed to show 1.5% growth (due to the first two months of 2020).The Azerbaijani leadership is cautious in economic estimates for the cur...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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