In this World Business Special, Guy Shone sits down with the Country Director of the Asian Development Bank (ADB) in Azerbaijan to unpack what’s next for one of the region’s most pivotal development partnerships.
Following high-level talks in Baku between ADB leadership and the Azerbaijani government, the bank is preparing to launch its 2025–2029 Country Partnership Strategy — a roadmap that will drive future investment and reform. From renewable energy and sustainable transport to digital infrastructure and private sector growth, the agenda is both ambitious and far-reaching.
We explore:
The key goals of the new strategy
Major upcoming projects across key sectors
How ADB plans to support Azerbaijan’s green transition
Regional cooperation and connectivity
Challenges and expectations from both sides
This episode offers an insider look at how multilateral finance intersects with national ambition — and what’s at stake as Baku positions itself as a hub for innovation, resilience and investment.
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Shipping traffic through the Strait of Hormuz remained low on Thursday, as Iran reiterated that it will neither enter into new negotiations with the United States nor re-open the Strait as long as its conditions are not met, despite recent indirect talks in New York mediated by Qatar.
As the Ukraine war is highlighted by some leaders during the United Nations' 81st General Assembly meeting in New York, Russian forces attacked the Ukrainian capital Kyiv early on Thursday with ballistic missiles, killing two people and injuring six, Mayor Vitali Klitschko said.
Saudi Arabia, Türkiye and Pakistan will hold an urgent high-level meeting under a joint defence pact to discuss ways to support the kingdom amid attacks by Yemen's Iran-aligned Houthis. The meeting comes as Tehran seeks to distance itself from the rapid advance of its Houthi allies.
The 81st UN General Assembly has wrapped up its third day in New York on Thursday, with world leaders delivering high-level speeches and holding diplomatic meetings.
World leaders return to the United Nations headquarters in New York on Friday for the fourth day of the high-level General Debate, with speeches and diplomatic meetings continuing throughout the day.
On 12 August, AnewZ’s Daybreak focused on the aftermath of Colombia’s devastating earthquake, tensions surrounding Iran and the Strait of Hormuz, growing Russia-North Korea military cooperation and security and environmental challenges across the Caspian and Black Sea regions.
On 11 August, AnewZ’s Daybreak examined U.S. President Donald Trump’s new demands for Iran, Russia-Iran cooperation and regional connectivity through the South Caucasus alongside key political, security and climate developments worldwide.
On 10 August, AnewZ’s Daybreak focused on developments in Gaza, Lebanon-Israel negotiations, Iran’s position on talks with Washington and the latest global security and climate-related challenges.
On 7 August, AnewZ's Daybreak focused on the Iran war, escalating violence in Yemen and a deadly migrant crisis in Spain's Ceuta enclave.
The 8 August commemorative edition of AnewZ's Context looked back on the year since the Washington breakthrough, examining how the initialling of the Azerbaijan-Armenia peace agreement and the launch of the Trump Route for International Peace and Prosperity have reshaped regional politics.
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