Turkey

Ilham Aliyev arrives for COP31 Leaders’ Summit in Antalya
Turkish President Recep Tayyip Erdogan and UN Secretary-General Antonio Guterres welcomed the Azerbaijani president at the Expo Centre.

SOCAR's STAR refinery in Turkey boosts diesel output by 19.4%
In August 2026, SOCAR's STAR refinery produced 623,529 tonnes of diesel, up from 522,403 tonnes a year earlier, while jet fuel output fell 46.3%.

Georgia's Tourism Revenue Rises to $3.8 Billion in Nine Months
From January to September 2026, Georgia earned $3.8 billion from international tourism, up 4.4% year-on-year. Growth was driven mainly by tourists from the EU and the UK.

Azerbaijan's Outbound Travel Drops 1.8%
In January-September 2026, 1,575,300 Azerbaijani citizens traveled abroad, 1.8% fewer than a year earlier. Most went to Turkey, Russia and Georgia.

Azerbaijan hears proposal to restore visas for arrivals from Turkey
A public proposal calls for stronger border checks and consideration of regular or electronic visas. The statement itself does not change entry requirements.

HEX Founder Richard Heart Detained in Istanbul on Interpol Red Notice
Turkey's Justice Minister Akın Gürlek confirmed the detention of Richard Heart (Richard James Schueler), founder of HEX and PulseChain. His wife and three suspected bodyguards were also detained, and large sums of cash and crypto assets were seized.

Turkish Columnist Çiftçi Apologizes to Azerbaijan After Being Placed on International Wanted List
Turkish journalist Celal Çiftçi, wanted internationally by Azerbaijan, has apologized to the state and people of Azerbaijan for his publications.

Erdogan to Run for President One Last Time in 2028
Turkish presidential adviser Mehmet Uçum said the next presidential election will be held in March or April 2028, and Erdogan will run for the last time.

Turkey to Restrict Social Media for Children Under 15 Starting November 1
Turkey's Cybersecurity Directorate has published a regulation banning social media platforms from serving children under 15. For teenagers aged 15–18, a separate mode with enhanced safety measures will be introduced.

EU Commissioner Kos and Erdogan to Open Halkali–Kapikule Railway
Tomorrow, EU Enlargement Commissioner Marta Kos will visit Edirne to attend the opening of the Cerkezkoy–Kapikule section of the Halkali–Kapikule railway. Turkish President Recep Tayyip Erdogan will also take part in the ceremony.

Azerbaijan and Turkey Sign Memorandum on Industrial Zone Cooperation
İZİA and Turkey's Adana Hacı Sabancı Organized Industrial Zone agreed to expand business ties and exchange experience in green technologies and digitalization.

Thailand, Turkey and UAE Top Russian Demand for Overseas Property
Thailand, Turkey and the UAE remain the most sought-after destinations for Russian property buyers, while Indonesia dropped out of the top 10 due to legal risks. The median transaction budget rose 9.5% to €298,000.

Azerbaijan, Turkey and Georgia Discuss Simplified Customs Procedures on Middle Corridor
The 5th meeting of the Trilateral Customs Commission was held in Goygol District. The parties signed a protocol on agreements.

BİM Establishes Dost Participation Bank with 10 Billion Lira Capital
Turkish retailer BİM has completed the establishment of Dost Katılım Bankası A.Ş. with a registered capital of 10 billion Turkish lira and has applied to the BDDK for an operating license.

PASHA Bank Has No Plans to Buy Banks, Focuses on Azerbaijan-Turkey-Georgia Trade
PASHA Bank Deputy Chairman Bahruz Naghiyev said the bank has no plans to acquire local or foreign banks. Its main strategy is financing trade between Azerbaijan, Turkey and Georgia.

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.

Azerbaijan: Zangezur Corridor 95% Complete by Road, 75% by Rail
Azerbaijani Foreign Minister Jeyhun Bayramov provided an update on the Zangezur Corridor. Completion of the projects is planned for the first half of 2027.

Erdogan May Visit Syria Soon
Turkish Foreign Minister Hakan Fidan announced preparations for President Erdogan's visit to Syria following talks in Damascus.

SOCAR and TPAO Expand Energy Partnership into New Projects
Azerbaijan's SOCAR and Turkey's TPAO are working on new projects in Azerbaijan, Turkey and third countries, Turkish Energy Minister Alparslan Bayraktar said.

Azerbaijan and Turkey Expand Energy Cooperation
At the 5th Azerbaijan-Turkey Energy Forum in Baku, the sides identified new areas of cooperation, including green energy and digitalization.

Azerbaijan to Link Nakhchivan to Its Power Grid via Zangezur Corridor
Azerbaijan's Energy Minister Parviz Shahbazov said the Zangezur energy corridor will expand prospects for cooperation in the electricity sector. In the initial phase, 1 GW of electricity is planned to be exported from Nakhchivan to Turkey.

STAR Refinery Diesel Output Up 6.1% in June, LPG Surges 5.5-Fold
In June 2026, SOCAR's STAR refinery increased diesel production by 6.1% and LPG by 5.5 times, while reducing output of jet fuel, naphtha, and coke.

How Turkey attracts workers from Central Asia amid tightening in Russia
Labor migration from Central Asia to Russia fell by 15% in 2026. Turkey is creating institutional conditions to attract workers from Turkic states, offering an alternative to the Russian labor market.

Turkey may lose up to $20 billion due to Black Sea attacks
Turkey could lose up to $20 billion in three months if attacks on ships in the Black Sea continue. The number of vessels passing through Turkish straits has sharply declined.