The Energy Ministers of the OTS Signed a Communiqué on Cooperation in the Field of Green Energy

The Azerbaijan-Pakistan Business Forum, held in Baku, showcased the growing economic ties between the two nations, as officials and business leaders discussed enhancing cooperation across key sectors. Ambassador of Pakistan to Azerbaijan, Gasim Mohiuddin, emphasized the long-standing, fraternal relations between the countries, underscoring a shared vision of progress and prosperity.

Azerbaijan and Brazil have signed a Memorandum of Understanding (MoU) in the agricultural sector, aimed at stimulating the growth of investments and mutual trade, announced Azerbaijan’s Minister of Agriculture Majnun Mammadov on social networks.

The Asian Development Bank (ADB) has approved a loan of USD 131.5 million to enhance a crucial segment of the North–South Corridor in Azerbaijan, aiming to bolster regional connectivity and strengthen Azerbaijan’s strategic position as a key transport hub between Europe and Asia. The total cost of the project is estimated at USD 160.5 million, with the Government of Azerbaijan contributing USD 29 million.

Azerbaijan’s new crop production subsidy plan for 2025, unveiled by the Agricultural Subsidies Council (ASC), is benefiting large agribusinesses owned by oligarchs, experts argue, leaving small farmers with minimal support.