Russia’s trade and investment with Armenia, Azerbaijan and Georgia is increasing as the region becomes more integrated with the larger INSTC multimodal logistics network throughout to the Middle East, East Africa, and South Asia. Discover the Caucasus as a strategic business and logistics hub connecting Russia and Asia. Explore transport corridors, trade opportunities, and investment potential in this critical economic region.
The Russian Foreign Minister Sergey Lavrov held meetings in Moscow with Alen Simonyan, the President of the National Assembly of Armenia, on Thursday (February 5). The discussions have taken place during a period when Armenia has been looking to limit its engagement with Russia. Yerevan has suspended cooperation with the Collective Security Treaty Organization (CSTO), […]
Russia has exported 19,900 tonnes of grain to Armenia via Azerbaijan since November, according to Azerbaijan’s Report news agency. The news is significant, as it illustrates that Azeri-Armenian logistics and supply chains are now operating normally after the two countries fought a war in 2023 that created significant damage. The conflict wasn’t resolved until 2024, […]
Trade turnover between Azerbaijan and Russia amounted to US$4.92 billion in 2025, up 2.5% compared to the previous year, the Azerbaijani State Customs Committee (SCC) has stated. Trade operations with Russia accounted for 9.96% of the country’s total foreign trade turnover, the SCC said. Russia is Azerbaijan’s third largest foreign trade partner after Italy and […]
Georgia’s Mtskheta–Stepantsminda–Lars Highway, also known as the Military Road, is undergoing a large-scale modernization, including a 27 km high-speed section and numerous new bridges. The Georgian government is spending about 1.2 billion lari (US$450 million) in upgrades, which includes the construction of the longest arch bridge in the country and a strategically important tunnel, with […]
The Asian Development Bank (ADB) is to lend Azerbaijan US$325 million to electrify and modernize the signalling and telecommunications system of the railway from Bilajary to Yalama on the border with Russia, the bank has stated. ADB said “This railway is part of the International North-South Transport Corridor, which is used for export and import […]
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Railway executives from Russia, Iran, and Azerbaijan have met in Baku to hold the 83rd meeting of the Transport Council of the Commonwealth of Independent States. So far, so routine. But what was actually agreed – and signed off – at that meeting has significant implications. In agreeing a new strategy and signing an MoU […]
Azerbaijan Railways (AZD) and Russian Railways (RZD) have signed an agreement on the bilateral exchange of e-data, AZD has announced. The respective parties signed the document on Wednesday in Baku following a meeting between AZD CEO Rovshan Rustamov and RZD CEO Oleg Belozerov. AZD stated that “The agreement will allow significantly improving the efficiency of […]
The United States Treasury ‘Office of Foreign Assets Control’ (OFAC) has issued a license permitting transactions involving Russia’s Lukoil and Rosneft related to the operation of the Caspian Pipeline Consortium (CPC) and the Tengiz and Karachaganak fields in Kazakhstan. The license foes not require any “transactions for the sale, disposition, or transfer of any interest” […]
The Russian Agriculture Ministry and Russian Railways have ordered the development of agricultural supply chain routes to Armenia via Azerbaijan, according to Russian Deputy Prime Minister Alexei Overchuk. Azerbaijan has also confirmed the possibility of using its railway network for the export of agricultural products from Russia to Azerbaijan. Overchuk said that “Two days ago, […]
Russian engineers have completed the digitalization of the Baku–Boyuk-Kesik railway line, a key corridor linking Azerbaijan and Georgia. The final stage of the project has involved modernizing the 122-kilometer Ujar–Hajigabul section, which had not been upgraded since 1980. The project was carried out by Natsproyektstroy, a leading Russian infrastructure holding comprised of more than 100 […]
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