The Emerging Azerbaijan-Gulf Partnership in Energy
By Fuad Shahbazov, Baku-based independent regional security and defence analyst
On January 8, Mohammad bin Zayed Al-Nahyan (MBZ), the leader of the United Arab Emirates (UAE), paid an official visit to Azerbaijan upon the invitation of his counterpart, President Ilham Aliyev. While MBZ’s visit to Baku signaled an era of deepening economic and energy ties between Azerbaijan and the UAE, it also reflected significant progress made in recent years. Indeed, the bilateral relationship has seen a raft of new projects and investments, particularly in the renewable energy sector. Notably, according to 2022 data, the Gulf countries are now among Azerbaijan’s top investment partners, though reciprocal investment remains low, compared to Azerbaijan’s other partners. READ MORE
| Markets | The Caspian and Central Asia
