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Tuesday March 25 2025

Strategic ties deepen as Germany expands investments in Azerbaijan

24 March 2025 14:15 (UTC+04:00)
Strategic ties deepen as Germany expands investments in Azerbaijan
Qabil Ashirov
Qabil Ashirov
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The surge in Germany’s direct foreign investments in Azerbaijan, which totaled $75.297 million in 2024, represents not only a significant financial commitment but also an indication of the evolving economic landscape between the two countries. This impressive 2.83-fold increase over the previous year, suggests a deeper, more strategic partnership is emerging. For Azerbaijan, a country with a rapidly expanding economy, this boost in foreign direct investment (FDI) plays a crucial role in its economic development. But for Germany, this investment signifies an increasingly important relationship in the Caucasus region, aligning with its broader geopolitical and economic interests. Germany’s contribution now stands at...

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