Azerbaijani companies are the largest investors in Georgia’s economy, Foreign Minister Jeyhun Bayramov said, noting $3.6 billion in investments and $1 billion in trade turnover in 2024.
Azerbaijani companies are the largest investors in Georgia’s economy, Foreign Minister Jeyhun Bayramov stated during a joint press conference with his Georgian counterpart Maka Bochorishvili.
Bayramov highlighted that Azerbaijan has invested 3.6 billion US dollars in Georgia, reinforcing the strong economic ties between the two countries.
"The trade turnover between the two nations reached one billion dollars in 2024," he added, underlining the continued growth in bilateral economic cooperation.
Read next
00:30
Azerbaijani President Ilham Aliyev and Turkish President Recep Tayyip Erdoğan have launched the Iğdır-Nakhchivan pipeline, a 97-kilometre gas route linking eastern Türkiye to Nakhchivan, an Azerbaijani exclave. The project aims to enhance energy security and strengthen regional cooperation.
13:29
A cooperation agreement between Türkiye and Azerbaijan in the natural gas sector was published Wednesday in the Turkish Official Gazette, officially putting it into effect.
11:27
The Azerbaijani government has extended the exemption from customs duties on importing aviation fuel until December 31, 2025.
15:08
In 2025, cargo transportation via the Middle Corridor is expected to reach 4.2 million tons. This was stated by the Secretary General of the Trans-Caspian International Transport Route (TITR) International Association, Gaidar Abdikerimov, during a press briefing in Baku.
12:42
Azerbaijan and Kazakhstan have signed an agreement to design and build the Trans-Caspian Fiber Optic Cable Line, which will connect the two countries as part of the Digital Silk Way project.
What is your opinion on this topic?
Leave the first comment