The Asian Development Bank (ADB) predicts Azerbaijan's current account surplus and economic growth
“The foreign trade position of Azerbaijan in the next 2 years will change, mainly due to the growth of sales of hydrocarbons - oil and gas. However, there may also be an increase in exports of fruits, vegetables, and cotton. According to forecasts, the growth of the total export rate of Azerbaijan in 2021 will be 29.2% and 0.7% in 2022. The country's current account in 2021 may return to a surplus equal to 3.9% of GDP, and in 2022 - 5.5% of GDP,”...
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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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