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Saturday April 19 2025

Azerbaijan's strategic pivot in CIS amid global trade transformations

18 April 2025 08:30 (UTC+04:00)
Azerbaijan's strategic pivot in CIS amid global trade transformations
Nazrin Abdul
Nazrin Abdul
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In the latest report from the World Trade Organization (WTO), the outlook for global trade has been significantly impacted by a series of new tariffs and growing trade policy uncertainty. Despite these challenges, the economies of the Commonwealth of Independent States (CIS), which includes Azerbaijan, are expected to experience a slowdown in GDP growth over the next two years. This shift reflects broader global trends but also raises questions about the underlying factors contributing to Azerbaijan's economic performance and its position within the CIS.

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