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Mon, Jun 16th, 2025
  • HOME
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    • Caucasus
      • Armenia
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      • Georgia
    • Central Asia
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ECONOMY
- Azerbaijan
The collapse of the Russian economy: new opportunities and threats for Azerbaijan-OXU.AZ

(Read full article on oxu.az)

Azerbaijan has economic ties with Russia. For a long time, the northern neighbor imposed certain restrictions on the import of our products into the country because of its political interests. An example is the control of imports of tomatoes, apples and other similar products. However, today the situation has changed, and our entrepreneurs are no longer very interested in sending their products to Russia.

Economists note that the tension on the political background leads to the isolation of the Russian Federation from the world economy. Russia will try to increase trade turnover with countries that have not imposed sanctions against it. This creates additional opportunities for Azerbaijani entrepreneurs.

According to experts, Russia’s disconnection from SWIFT will make it dependent on the republics of the former USSR due to its inability to meet domestic demand.

Mar 10, 2022

DATA SNAPSHOT

BANKS
- Azerbaijan
Fitch affirms Azerbaijan’s Expressbank at ‘B’, outlook Stable
TRADE
- Uzbekistan
Uzbekistan’s foreign trade turnover at $13.15 bln in Q1, 2022
ECONOMY
- Belarus
Belarus inflation up 15.9% yr/yr in March-Statistics Committee
ECONOMY
- Georgia
Remittances to Georgia rise 3% yr/yr to $193 mln in March-central bank
THE TRIBUNE
- Eurasia
The Tribune suspends publication
HEALTH
- Covid-19
COVID-19 Eurasia Roundup
The Tribune keeps you up-to-date with the latest vaccines and infection data across the region.
OPINION
- Kazakhstan
OPINION-Kazakhstan’s Reforms Should Be More Than Just Show-FOREIGNPOLICY
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