Trade

Georgia’s export growth needs a domestic value-added test
Export turnover, domestic production and net foreign-currency earnings measure different things. A closer look at Georgia’s trade model.

Uzbekistan Proposes First Central Asia–Azerbaijan Business Forum in 2027
President of Uzbekistan Shavkat Mirziyoyev, at the 8th Consultative Meeting of the Heads of State of Central Asia and Azerbaijan in Avaza, proposed holding the first Central Asia–Azerbaijan business forum in 2027 and creating a platform for financial and technical support of joint investment projects.

Bayramov: Middle Corridor Strengthens East-West Ties
Azerbaijan's Foreign Minister said the Middle Corridor is playing a growing role in international trade at a meeting of Central Asian and Azerbaijani foreign ministers in Turkmenistan.

Aliyev Receives UK Trade Minister
Azerbaijan's President Ilham Aliyev met with UK Trade Minister and co-chair of the Joint Intergovernmental Commission Lord Anas Sarwar.

UK and Azerbaijan Finalise Text of Strategic Partnership Agreement
The two sides have finalised the text of a strategic partnership document. Signing is expected at the level of the UK Prime Minister and the President of Azerbaijan.

Azerbaijan Increases Imports of Georgian Products by 14.2%
In January-August, Azerbaijan imported $124.242 million worth of Georgian-made goods, up 14.2% year-on-year. Azerbaijan accounted for 3.8% of Georgia's exports of local products.

OTS Countries to Create Unified Digital Economic Platform
A digital partnership agreement has already been signed, with the parliaments of Azerbaijan, Turkey and Uzbekistan having ratified it. The process continues in other countries.

Moody's: Normalization of Azerbaijan-Armenia Relations to Accelerate Trade in the Caucasus
Moody's considers the normalization of relations between Azerbaijan and Armenia a key positive geopolitical event for the region. According to the agency, it will improve transport connectivity and create new trade opportunities.

France to Halt Trade with Israeli Settlements in West Bank
France will join 11 countries in ending trade with Israeli settlements in the West Bank, Foreign Minister Jean-Noël Barrot announced.

UK to Impose Sanctions on Israeli Settlements
Britain will announce a ban on trade in goods from Israeli settlements in the West Bank, as well as possible targeted sanctions.

Kazakhstan and China Launch Digital Platform for Grain Trade
Kazakhstan and China have launched a joint digital platform for trading grain and agricultural products. The first contract signed is for the supply of 24,000 tons of flax.

Uzbekistan and India Target $5 Billion Trade by 2030
Leaders of Uzbekistan and India have agreed on a comprehensive strategic partnership and increasing bilateral trade to $5 billion by 2030.

Iran Seeks Alternative Trade Routes via Caspian Sea
Amid uncertainty in the Strait of Hormuz, Iran is exploring trade development through northern ports and the Caspian Sea, potentially reducing dependence on southern routes.

Von der Leyen: EU must seek fair economic relations with China
European Commission President says the EU must reduce dependence on China and secure fair trade conditions, citing a growing trade deficit and reliance on critical raw materials.

Russia-China Trade Turnover Reaches $159.24 Billion in January-July
Special envoy Boris Titov reported that trade turnover with China for January-July 2026 reached nearly $160 billion, and the number of Chinese companies in Russia has grown 11-fold.

Azerbaijan-Georgia Trade Turnover Up 43.8%
In January-July, trade turnover between Azerbaijan and Georgia reached $668.5 million, up 43.8% year-on-year.

S&P: TRIPP Initiative to Strengthen Regional Ties and Trade
S&P Global Ratings believes the TRIPP initiative can strengthen regional ties and support trade and investment in the medium term, also noting possible progress in Armenia-Azerbaijan normalization after elections.

Uzbekistan and Azerbaijan Target $1 Billion Trade Turnover by 2030
Uzbekistan's Minister of Investments and Azerbaijan's ambassador discussed expanding trade and investment cooperation, including preparing a 'Roadmap' and a program to increase trade turnover to $1 billion by 2030.

Azerbaijan's Exports to Armenia Reach $17.4 Million in 7 Months
In January-July 2024, Azerbaijan exported goods worth $17.372 million to Armenia, while imports from Armenia totaled only $960.

Kyrgyzstan's GDP Grows 11.1% in First Seven Months of 2026
According to the National Statistical Committee, Kyrgyzstan's GDP in January-July 2026 amounted to 1,172.7 billion soms, up 11.1% compared to the same period in 2025.

Uzbekistan and Iran Prepare 29 Joint Projects and Business Forum in Tashkent
Uzbekistan and Iran are implementing 29 joint projects and will hold a business forum in Tashkent on November 26–27. Trade turnover rose 37.5% to $305 million in the first half of the year.

US Urges Apple Not to Buy Memory Chips from Chinese Manufacturers
The Trump administration has urged Apple to avoid purchasing memory chips from Chinese manufacturers, suggesting alternative solutions to the chip shortage.

Pakistan sees potential for expanding cooperation with Azerbaijan and Kazakhstan
Special assistant to Pakistan's PM cites opportunities for growth in tourism, trade, and cultural exchanges.

Trump Imposes 100% Tariffs on Large Drone Imports
U.S. President Donald Trump signed a proclamation imposing tariffs on imported drones and their components, citing national security concerns.