Minister Declares New Phase for Economic Capitalization in Caucasus and Central Asia


Baku: A new stage is underway for the economic capitalization of the South Caucasus and Central Asia regions, following a historic agreement signed on August 8 between President Ilham Aliyev, Prime Minister Nikol Pashinyan, and President Donald Trump. This agreement includes a preliminary peace treaty between Azerbaijan and Armenia and a document on establishing transport links, such as the Zangezur Corridor, as announced by Azerbaijan’s Minister of Economy Mikayil Jabbarov during the Azerbaijan International Investment Forum.



According to Azeri-Press News Agency, Minister Jabbarov emphasized Azerbaijan’s role as a key geographical and logistical hub in the region. He highlighted the strategic importance of Azerbaijan in terms of logistics, energy, and other sectors, as pointed out by the Deputy Prime Minister. The minister stressed the necessity of understanding the value proposition for both the region and Azerbaijan in this broader context.