It has been a long time since the so-called “velvet” revolution in Armenia, but the economic indicators are still not encouraging. What is obvious is that the economic policy pursued in Armenia is not consistent with the declared economic revolution.

Kazakhstan's economy has been showing upward growth trend in the recent years.

Maximum expansion of economic relations with the Caspian-littoral states, especially Azerbaijan and Russia, is on the agenda of the Iranian government, Iran’s Minister of Industry, Mine and Trade Reza Rahmani said at a meeting on economic issues held in Ardabil city, Trend reports referring to IRNA.

The eighth meeting of the Joint Intergovernmental Commission on Economic Cooperation between Azerbaijan and Turkey will be held in Baku on September 16, Trend reports on Sept. 12 referring to the Azerbaijani Cabinet of Ministers.

Azerbaijan and Russia are building up mutual cooperation and are aiming at increasing mutual investments, Deputy Economy Minister of Azerbaijan Rufat Mammadov said at the Azerbaijani-Russian business forum held in Baku on Sept. 12, Trend reports.

Kazakh government aims to increase the GDP of the country to five percent by 2025, Kazakh Prime Minister Askar Mamin said while discussing the results of the first eight months of 2019.

Turkmenistan has approved the Turkmen membership of the intergovernmental Turkmen-Azerbaijani committee for economic cooperation, Trend reports referring to a promulgated decree of the president of Turkmenistan.

Kazakhstan's economy recorded a 4.1 percent growth in its GDP in January-June 2019, the same as in 2018. The level of inflation was higher than GDP growth and made up 5.1 percent. Investment in fixed assets increased by 11.7 percent.

As can be observed, Kyrgyz economy has markedly grown at the end of 2018.

In the 1Q2019, the GDP of Azerbaijan's Nakhchivan Autonomous Republic (NAR) amounted to 535.97 million manats, which is 0.8 percent more compared to the 1Q2018, Trend reports referring to the NAR State Statistical Committee.