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Monday, October 5, 2026
Azerbaijan targets pharmaceutical independence with $114 million plant

Azerbaijan targets pharmaceutical independence with $114 million plant

In the modern era, the development trajectory of the global economy and geopolitics clearly demonstrates that every independent state must ensure its strategic security at the highest possible level, particularly its healthcare and pharmaceutical independence. Minimizing dependence on external supply chains and producing vital products through domestic capabilities is an integral component of national sovereignty.

Azerbaijan boosts oil exports to Switzerland

Azerbaijan boosts oil exports to Switzerland

Azerbaijan’s oil exports to Switzerland tripled in volume in the first eight months of this year. According to the Azerbaijan’s State Customs Committee, Azerbaijan exported 272,500 tons of oil and oil products derived from bituminous minerals to Switzerland worth...

Azerbaijan’s trade and services sector credit portfolio rises 10.1% year-on-year

Azerbaijan’s trade and services sector credit portfolio rises 10.1% year-on-year

The total credit portfolio allocated to Azerbaijan’s trade and services sector by banks and non-bank credit institutions reached 4.6184 billion manats as of the end of August 2026, according to official statistics. According to the Central Bank of Azerbaijan, the total volume of loans extended to the sector stood at...

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