On May 27, Dmitry Volvach, Deputy Minister of Economic Development of Russia, announced that trade between Azerbaijan and the countries of the Eurasian Economic Union (EAEU) has increased by 60% over the past three years, reaching nearly $6 billion.
He emphasized that the comprehensive development of transport and logistics links is essential for sustaining this growth in trade and economic relations. At the same event, Nadezhda Bychkova, Senior Lecturer at the Faculty of Public Administration at Lomonosov Moscow State University, underscored Azerbaijan’s growing role as a strategic transport hub.
She noted that Azerbaijan, with its well-developed infrastructure and ongoing investments in expanding its transport network, is consolidating its position as a key transit hub at the crossroads of vital trans-Eurasian routes.