Planned Volume of Oil Transit from Kashagan via Baku Set for 2025

Azerbaijan’s rice imports have surged as domestic production struggles to meet growing demand, underscoring the country’s reliance on foreign suppliers. Despite government initiatives to boost output, local production remains stagnant, with only 10,000 tons expected in the 2024-2025 season, while imports reached 55,961 tons between January and October 2024.

Azerbaijan and Pakistan have signaled a growing commitment to deepen energy cooperation, with a focus on renewable energy initiatives, as Azerbaijani Energy Minister Parviz Shahbazov hosted a delegation led by Pakistani Federal Minister Abdul Alim Khan in Baku on January 30.

Azerbaijan is accelerating the implementation of its socio-economic development strategy, focusing on digital transformation and strengthening cybersecurity. The government is allocating resources to human capital development, prioritizing the training of cybersecurity professionals, said Farid Osmanov, Chairman of the Board of the Innovation and Digital Development Agency, on January 30  during the fourth “Graduation Day” of the Azerbaijan Cybersecurity Center (AKM).

Azerbaijan’s economy is expected to grow 2.7% in 2025 before slowing to 2.4% in 2026, according to the World Bank’s latest outlook, as the country balances stability with external risks. While growth remains steady, it marks a slowdown from the 4% rebound forecast for 2024.