Baku, Beijing shape shared vision for robust future in Eurasian geopolitics
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Azerbaijan’s steady integration into the international community—fueled by its assertive and balanced foreign policy—is reshaping its role on the global stage. As a nation strategically positioned at the crossroads of Europe and Asia, Azerbaijan is not only enhancing its regional influence but also expanding its ties with global powers. Among these, its deepening partnership with China—a country with outsized influence in global economics, infrastructure, and diplomacy—stands out as one of the most dynamic developments in Azerbaijan’s foreign relations.
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Azerbaijan’s steady integration into the international community—fueled by its assertive and balanced foreign policy—is reshaping its role on the global stage. As a nation strategically positioned at the crossroads of Europe and Asia, Azerbaijan is not only enhancing its regional influence but also expanding its ties with global powers. Among these, its deepening partnership with China—a country with outsized influence in global economics, infrastructure, and diplomacy—stands out as one of the most dynamic developments in Azerbaijan’s foreign relations.
LG pulls out of EV charger business after 3 years in 'strategic rebalancing'
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Just three years after entering the electric vehicle (EV) charging business, LG Electronics has announced its decision to exit the sector, citing prolonged stagnation in demand — often referred to as the “EV chasm” — and intensifying competition as key factors eroding profitability, Azernews reports.
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Just three years after entering the electric vehicle (EV) charging business, LG Electronics has announced its decision to exit the sector, citing prolonged stagnation in demand — often referred to as the “EV chasm” — and intensifying competition as key factors eroding profitability, Azernews reports.
United States demands free access to domestic market for Amazon and Walmart from India
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During ongoing trade negotiations, the U.S. presidential administration is pressing the Indian government to grant American e-commerce giants, primarily Amazon and Walmart, freer access to India’s domestic online retail market, Azernews reports.
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During ongoing trade negotiations, the U.S. presidential administration is pressing the Indian government to grant American e-commerce giants, primarily Amazon and Walmart, freer access to India’s domestic online retail market, Azernews reports.
Azeri Light crude sees price increase at Augusta and Ceyhan ports
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The price of Azerbaijan’s “Azeri Light” crude oil has risen across major trading ports, signaling a positive trend in the energy market, Azernews reports.
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The price of Azerbaijan’s “Azeri Light” crude oil has risen across major trading ports, signaling a positive trend in the energy market, Azernews reports.
Azerbaijan Central Bank holds rates steady for eighth straight meeting
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The Central Bank of Azerbaijan (CBA) has announced that it will maintain its benchmark interest rate at 7.25%, with the interest rate corridor kept unchanged at 6.25% (lower bound) and 8.25% (upper bound). This decision marks the eighth consecutive meeting in which the CBA has held rates steady.
AzerNews - News from Azerbaijan, Business, Energy, Analysis (RSS)
The Central Bank of Azerbaijan (CBA) has announced that it will maintain its benchmark interest rate at 7.25%, with the interest rate corridor kept unchanged at 6.25% (lower bound) and 8.25% (upper bound). This decision marks the eighth consecutive meeting in which the CBA has held rates steady.
Hidayat Heydarov withdraws from European Judo Championships
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Olympic champion Hidayat Heydarov has withdrawn from the upcoming European Judo Championships amid health issues, Azernews reports.
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Olympic champion Hidayat Heydarov has withdrawn from the upcoming European Judo Championships amid health issues, Azernews reports.
State Philharmonic Hall pays tribute to eminent composer
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A magnificent concert dedicated to the 80th anniversary of Honored Artist, composer Leonid Vainshtein (1945-1994) has been held at the Azerbaijan State Academic Philharmonic Hall, Azernews reports.
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A magnificent concert dedicated to the 80th anniversary of Honored Artist, composer Leonid Vainshtein (1945-1994) has been held at the Azerbaijan State Academic Philharmonic Hall, Azernews reports.
President Ilham Aliyev and President Xi Jinping sign joint statement on strategic partnership
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President Ilham Aliyev and President Xi Jinping signed the "Joint Statement on the Establishment of a Comprehensive Strategic Partnership between the Republic of Azerbaijan and the People's Republic of China", Azernews reports.
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President Ilham Aliyev and President Xi Jinping signed the "Joint Statement on the Establishment of a Comprehensive Strategic Partnership between the Republic of Azerbaijan and the People's Republic of China", Azernews reports.
Azerbaijan-UAE trade turnover sees strong growth in early 2025
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Azerbaijan's trade turnover with the United Arab Emirates (UAE) experienced a notable increase in the first quarter of 2025, Azernews reports, citing the State Customs Committee.
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Azerbaijan's trade turnover with the United Arab Emirates (UAE) experienced a notable increase in the first quarter of 2025, Azernews reports, citing the State Customs Committee.
Azerbaijan and China sign mutual visa exemption agreement for ordinary passport holders
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Azerbaijan and China have officially agreed to abolish the visa regime for citizens holding ordinary passports, marking a significant step in deepening bilateral ties, Azernews reports.
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Azerbaijan and China have officially agreed to abolish the visa regime for citizens holding ordinary passports, marking a significant step in deepening bilateral ties, Azernews reports.
Six-lane highway takes shape between Heydar Aliyev avenue and Ziya Bunyadov avenue
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Construction is rapidly progressing on a key segment of the new highway connecting Academician Hasan Aliyev Street to Muzaffar Narimanov Street in Baku, in accordance with the “State Program on the Improvement of Transport Infrastructure in Baku and Surrounding Areas for 2025–2030,” approved by a Presidential Decree, Azernews reports, citing the State Agency of Azerbaijan Automobile Roads (AAYDA).
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Construction is rapidly progressing on a key segment of the new highway connecting Academician Hasan Aliyev Street to Muzaffar Narimanov Street in Baku, in accordance with the “State Program on the Improvement of Transport Infrastructure in Baku and Surrounding Areas for 2025–2030,” approved by a Presidential Decree, Azernews reports, citing the State Agency of Azerbaijan Automobile Roads (AAYDA).
Azerbaijan, China sign documents in Beijing
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On April 23, a signing ceremony of Azerbaijan-China documents was held in Beijing with the participation of President of the Republic of Azerbaijan Ilham Aliyev and President of the People's Republic of China Xi Jinping, Azernews reports.
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On April 23, a signing ceremony of Azerbaijan-China documents was held in Beijing with the participation of President of the Republic of Azerbaijan Ilham Aliyev and President of the People's Republic of China Xi Jinping, Azernews reports.
Azerbaijan highlights green tourism vision at global summit
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Azerbaijan's efforts and strategic approaches toward the development of sustainable tourism were presented at the annual summit of the Pacific Asia Travel Association (PATA), held in Istanbul, Turkiye, Azernews reports, citing the State Tourism Agency.
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Azerbaijan's efforts and strategic approaches toward the development of sustainable tourism were presented at the annual summit of the Pacific Asia Travel Association (PATA), held in Istanbul, Turkiye, Azernews reports, citing the State Tourism Agency.
Azerbaijan ramps up wind power equipment imports despite drop in local wind energy output
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In the first two months of 2025, Azerbaijan significantly increased its wind energy infrastructure imports by purchasing 33 wind power generating units from China
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In the first two months of 2025, Azerbaijan significantly increased its wind energy infrastructure imports by purchasing 33 wind power generating units from China
Chinese President Xi Jinping hosts official banquet in honor of President Ilham Aliyev
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On April 23, President of the People's Republic of China Xi Jinping and First Lady Peng Liyuan hosted an official banquet in Beijing in honor of President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva.
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On April 23, President of the People's Republic of China Xi Jinping and First Lady Peng Liyuan hosted an official banquet in Beijing in honor of President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva.
President Ilham Aliyev visits Monument to the People's Heroes in Beijing
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President of the Republic of Azerbaijan Ilham Aliyev visited the Monument to the People's Heroes in Beijing on April 23, Azernews reports.
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President of the Republic of Azerbaijan Ilham Aliyev visited the Monument to the People's Heroes in Beijing on April 23, Azernews reports.
CBA revises inflation forecast
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The Central Bank of Azerbaijan (CBA) has updated its annual inflation forecasts, predicting a steady decline in inflation rates over the next two years. According to the revised estimates, annual inflation will reach 5.3% in 2025 and 4.3% in 2026, Azernews reports.
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The Central Bank of Azerbaijan (CBA) has updated its annual inflation forecasts, predicting a steady decline in inflation rates over the next two years. According to the revised estimates, annual inflation will reach 5.3% in 2025 and 4.3% in 2026, Azernews reports.
Nakhchivan and Urumqi sign sister city agreement to strengthen regional ties
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Nakhchivan city of Azerbaijan and Urumqi city of China’s Xinjiang-Uyghur Autonomous Region are set to become sister cities, further enhancing cooperation between the two regions, Azernews reports.
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Nakhchivan city of Azerbaijan and Urumqi city of China’s Xinjiang-Uyghur Autonomous Region are set to become sister cities, further enhancing cooperation between the two regions, Azernews reports.
President of Azerbaijan Ilham Aliyev met with Premier of the State Council of China
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On April 23, President of the Republic of Azerbaijan Ilham Aliyev met with Li Qiang, Premier of the State Council of the People's Republic of China, Azernews reports.
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On April 23, President of the Republic of Azerbaijan Ilham Aliyev met with Li Qiang, Premier of the State Council of the People's Republic of China, Azernews reports.
AZPROMO discuss localization of laptop production in Azerbaijan with Chinese company
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As part of the China-Azerbaijan Industrial and Investment Cooperation Promotion Conference, the Export and Investment Promotion Agency of Azerbaijan (AZPROMO) held a meeting with Shenzhen Hasee Computer Co., a leading Chinese computer technology company, Azernews reports.
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As part of the China-Azerbaijan Industrial and Investment Cooperation Promotion Conference, the Export and Investment Promotion Agency of Azerbaijan (AZPROMO) held a meeting with Shenzhen Hasee Computer Co., a leading Chinese computer technology company, Azernews reports.