EU Business Climate Report Azerbaijan 2024

The “EU Business Climate Report Azerbaijan 2024” is the seventh edition of a regular study conducted in Azerbaijan since 2016 as part of the “EU-Azerbaijan Business Forum,” funded by the European Union (EU).

For the 2024-2026 period, the project is being implemented by VM EUROPE in partnership with Business Chambers and InvestBaku. The 2024 edition focuses on key topics for the private sector, such as Azerbaijan’s economic development, sector-specific business environment insights, investment climate, and emerging investment opportunities.

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The main tasks of the Project are devoted to the promotion of economic cooperation between EU and Azerbaijan, strengthening awareness of the business climate and investment opportunities in Azerbaijan, and enhancing public-private dialogue. The Project is implemented by COWI Belgium in collaboration with the Italy-Azerbaijan Chamber of Commerce, the Azerbaijan-France Chamber of Commerce and Industry, and InvestBaku.

This Project is funded by the EU and has the objective to strengthen the non-oil sector in Azerbaijan by improving the business climate and supporting the economic diversification of the country.

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