EU and Azerbaijan step up cooperation to boost investment and connectivity

Feb 03, 2026

Today, the European Union and Azerbaijan agreed to strengthen their partnership under the EU’s Global Gateway initiative and the recently launched Cross-Regional Connectivity Agenda. Together, they aim to unlock new economic opportunities and foster long-term shared prosperity, cooperation, and peace through sustainable and resilient links in transport, digital, energy, and trade.

 

Within this framework, the European Union and Azerbaijan with the EBRD have agreed to launch a feasibility study for the development of the Nakhchivan railway project, a key investment to improve mobility and economic flows across Azerbaijan and the wider region. This railway forms part of the broader Trans-Caspian Transport Corridor, which aims to link Europe and Central Asia with a target transit time of 15 days.

 

Diversified, reliable and resilient routes between Europe and Asia are a shared strategic interest. They deliver mutual benefits and reduce the risks associated with excessive dependencies.

 

Through innovative financial instruments, alongside bilateral and regional support programmes, further priority projects will strengthen economic ties between the EU and Azerbaijan. They will also support Azerbaijan’s efforts to diversify its economy, strengthen regional connectivity, create skills and job opportunities across the country, and promote inclusive and sustainable rural development.

LATEST

Share of EU countries in Azerbaijan’s total exports exceeds 49 percent

News

In the first six months of the current year, Azerbaijan exported $8.0438 billion worth of goods to European Union countries, representing an 11% decline ($994.93 million) compared to the same period last year.

Polish business representatives to visit Azerbaijan

News

In November this year, representatives of Polish business are scheduled to take part in a trade mission to Azerbaijan.

Newly established Azerbaijan-Netherlands Chamber of Commerce inaugurated in The Hague

News

The newly established Azerbaijan-Netherlands Chamber of Commerce was inaugurated in The Hague during an official reception organized by the Embassy of the Republic of Azerbaijan on the occasion of 28 May – Independence Day, Report informs.

Bank Respublika secures €22 million from EFSE

News

New agreement between Bank Respublika and EFSE will expand access to finance for businesses

Azerbaijan-Germany Business Council to serve as platform for new cooperation opportunities

News

During the official visit of President of Azerbaijan Ilham Aliyev to Germany, the “Joint Declaration on the Establishment and Activities of the Azerbaijan-Germany Business Council” was signed.

Trade Mission to Baku (Azerbaijan) - September 28 to October 1, 2026

News

The Belgian-Azerbaijani Chamber of Commerce (BELGAZERCOM) is pleased to invite you to participate in an exclusive trade mission to Baku, the vibrant capital of the Republic of Azerbaijan.

Bank Respublika Secures EUR 15 Million from Finnfund to Support Green Finance and MSMEs in Azerbaijan

News

Bank Respublika and Finnfund Sign a Major Credit Agreement

EU launches connectivity and communities support programmes

News

EU launches connectivity and communities support programmes for peace in the South Caucasus

EU sees Azerbaijan as cornerstone of energy and trade strategy

News

Relations between Azerbaijan and the European Union appear to be entering a new and more consequential phase

Von der Leyen intends to deepen EU's partnership with Azerbaijan

News

European Commission President Ursula von der Leyen has announced plans to deepen the partnership between the European Union and Azerbaijan in a number of key areas.

EU names restoration of Nakhchivan railway as key investment project

News

The European Union considers the restoration of railway infrastructure in the Nakhchivan Autonomous Republic one of its key investment projects in Azerbaijan, Victor Bojkov, Head of Cooperation at the EU Delegation in Azerbaijan,

EBRD regional report: increases in global energy prices could generate a revenue windfall for Azerbaijan

News

Azerbaijan’s economy has lost momentum in the past year, with declining hydrocarbon output pushing the economy into contraction in early 2026, according to the latest edition of a flagship economic report by the European Bank for Reconstruction and Development (EBRD), published on 3 June.