Azerbaijan News 13 October 2026 20:31 (UTC +04:00)
Photo: Trend News Agency
BAKU, Azerbaijan, October 13. Azerbaijan’s trade volume with Central Asian countries increased by more than 50% in 2025, the country's Minister of Economy Mikayil Jabbarov at a gala reception in Baku marking the 35th anniversary of Turkmenistan’s independence, Trend's correspondent reports.
“There are more than 400 companies operating in our country with capital from Central Asia,” Jabbarov said.
According to him, Azerbaijan’s cooperation with Central Asian countries goes beyond simply increasing trade and is moving into a new phase involving joint investments, the development of production, and expanded access to foreign markets.
Jabbarov emphasized the special importance Azerbaijan attaches to developing economic ties with Turkmenistan. He noted that the economic potential of the two countries provides a foundation for exploring new opportunities and diversifying cooperation.
The minister also highlighted the role of the Joint Intergovernmental Commission as an important platform for expanding bilateral ties.
“At the ninth meeting of the commission, held in July in Ashgabat, we had productive discussions on strengthening our partnership in the areas of trade and economic cooperation, energy, transportation, agriculture, food security, environmental protection, water infrastructure, and other priority areas,” he said.