UAE + Azerbaijan bolster partnership: Azerbaijan and the UAE discussed expanding economic partnerships across various sectors, including tourism, logistics, industry, agriculture, SMEs, technology, and renewable energy during an intergovernmental committee session chaired by Economy Minister Abdullah bin Touq Al Marri and his Azerbaijani counterpart Mikayil Jabbarov, Wam reports.

The UAE and Azerbaijan agreed to establish joint work teams to explore further economic cooperation in priority industries across the private and public sectors.

The delegations also agreed to provide support for exporters and importers in a bid to boost bilateral trade and facilitate Azerbaijani exports to regional markets. The session also explored launching initiatives to support startup growth and boosting investments, particularly in the food and manufacturing industries.

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  • Iran + EAEU to boost trade: Iran will soon launch a Freetrade Agreement (FTA) with the Eurasian Economic Union (EAEU), with talks having recently entered their final stage. The agreement is set to eliminate tariffs on over 87% of traded goods between the two parties. (Mehr)
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