U.S., Azerbaijan seek to expand investment ties at Washington business summit

On March 11, Russian President Vladimir Putin held a telephone conversation with Azerbaijani President Ilham Aliyev, highlighting growing coordination between Moscow and Baku amid tensions surrounding Iran that are reshaping the geopolitical landscape of the South Caucasus and the wider Middle East.

Changes have been introduced to the legal framework governing labour relations, social insurance accounting and the pension system. The law “On Amendments to the Labour Code of the Republic of Azerbaijan, the Law ‘On Individual Registration in the State Social Insurance System’, and the Law ‘On Labour Pensions’” provides for the modernization of the identification mechanism within the social protection system.

Azerbaijan’s budget beats forecasts as oil transfers and tax inflows bolster fiscal balance

Some Russian exporters have begun suspending shipments along the International North–South Transport Corridor (INSTC) due to growing geopolitical risks linked to escalating tensions in the Middle East, potentially disrupting a key trade route connecting Russia with Iran and markets in South Asia, the business daily Vedomosti reported on Wednesday.