2026-2-16 12:54 |
Azerbaijan's growing role as a key transport and logistics hub in Eurasia is underscored by increasing cargo volumes across its strategic transport corridors, enhancing its connectivity between Asia and Europe.
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In 2025, Azerbaijan continued its VAT refund program for cashless property purchases, helping reduce costs for consumers. The State Tax Service reported successful implementation of the initiative throughout the year. trend.az »
2026-01-08 19:07
Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF) has issued 3. 7 billion manat ($2. 2 billion) in loans to 56,808 borrowers, according to Trend. Additionally, business loans with guarantees have totaled 687. trend.az »
2026-01-02 23:17
A total of 56,310 borrowers have received loans totaling 3. 7 billion manat ($2. 18 billion) through Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF). Additionally, loans with guarantees and subsidies reached 676. trend.az »
2025-12-04 04:06
In the first half of 2025, transport services made up 27. 9% of Azerbaijan's mutual service turnover. Azerbaijani residents provided $1. 7 billion in transport services to non-residents, while non-residents provided $866. trend.az »
2025-09-17 20:39
The robust freight turnover highlights the transport sector’s key role in supporting Kyrgyzstan’s domestic trade and regional logistics.
Rising passenger numbers highlight the transport sector’s growing role in supporting regional mobility and local economic activity across Kyrgyzstan.
The railway is set to open new doors for regional trade and connectivity, cut transport costs, and spark economic growth across Kyrgyzstan, China, and Uzbekistan.
The project is expected to improve transport efficiency and local connectivity, supporting economic activity by reducing travel time and logistics costs in the area.
Azerbaijan’s strategic position in the Middle Corridor is central to enhancing regional connectivity, with an emphasis on infrastructure development, multimodal transport, and increased private sector participation, aimed at boosting trade flows and attracting foreign investment in key logistics sectors.
In 2025, Azerbaijan saw a decline in international rail cargo transport both in volume and value, reflecting reduced imports and exports, while overall freight transport value increased by 3.8% compared to 2024.