Azerbaijan sends 2,698 tons of fuel to Armenia by rail
Azerbaijan has dispatched a new rail shipment of petroleum products to Armenia, marking a continued resumption of trade following the lifting of long ...
On May 21, an informal summit of the Heads of State of the Organization of Turkic States (OTS) was held in Budapest. Azerbaijani President Ilham Aliyev participated in the event, which was hosted by Hungarian Prime Minister Viktor Orbán.
In his address, President Aliyev emphasized the strong and growing strategic partnership between Azerbaijan and Hungary, noting both countries’ mutual visits and cooperation. He praised Hungary’s independent foreign policy and rising global influence.
President Aliyev welcomed the continuation of the informal OTS summit, which began last year in Shusha, Azerbaijan. He extended an invitation to OTS leaders to attend the official summit in Azerbaijan later this year.
Aliyev highlighted Azerbaijan’s $20 billion investment in OTS countries, the development of transport infrastructure, and the strengthening of the Middle Corridor as a key transit route. He also underlined the role of Azerbaijan’s ports, railways, and airports in boosting regional connectivity.
He noted the successful hosting of COP29 in Baku, which brought together leaders from 197 countries and led to significant decisions on climate finance and carbon markets. The conference was recognized as the “Baku breakthrough.”
Aliyev concluded by thanking Hungary for organizing the summit and reaffirmed Azerbaijan’s commitment to regional cooperation through the OTS.
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Azerbaijan has dispatched a new rail shipment of petroleum products to Armenia, marking a continued resumption of trade following the lifting of long standing transit restrictions.
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