Developing Relations with Georgia Among Key Foreign Policy Priorities - Azerbaijani PM
Developing relations with Georgia is one of Azerbaijan’s foreign policy priorities, Azerbaijani Prime Minister Ali Asadov said on Friday at the 11th meeting of the Intergovernmental Commission on Economic Cooperation between Georgia and Azerbaijan.
In his address, Asadov highlighted the progress made in bilateral relations in recent years, noting that the strategic partnership between the two countries had entered a qualitatively new stage.
“Developing relations with Georgia is one of the priorities of Azerbaijan’s foreign policy. The Azerbaijani and Georgian peoples have lived side by side for centuries in a spirit of brotherhood and friendship. Over the past few years, the strategic partnership between our two countries has reached a qualitatively new stage. The dynamics of high-level political dialogue play a very important role in deepening our cooperation. In this regard, the visit of Azerbaijani President Ilham Aliyev to Georgia in April, as well as your visit to Azerbaijan in May, are particularly noteworthy”, the Prime Minister said.
“These visits and the agreements signed have once again reaffirmed the strategic nature of our relations and contributed to strengthening cooperation across various fields. Within the framework of international organisations, we consistently support one another, particularly on issues concerning territorial integrity and sovereignty”, he added.
Asadov also emphasised the positive momentum in trade and economic relations between Georgia and Azerbaijan.
“Trade and economic relations are developing at a very positive pace and continue to expand. Georgia is a key trade partner for Azerbaijan. During the first nine months of this year, bilateral trade turnover increased by more than 40%, reaching $1 billion compared to the same period last year”, he noted.
He further highlighted growing investment cooperation, noting that Azerbaijan had invested approximately $4 billion in Georgia.
“Cooperation in the investment sector is also demonstrating a very positive trend. Azerbaijan has invested approximately $4 billion in Georgia. The major joint projects we have implemented, including the Southern Gas Corridor, play a pivotal role in ensuring energy security both in the region and across Europe”, Asadov concluded.
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Tbilisi 2026 at the Tbilisi Finance Summit - Ekaterine Mikabadze Participates in AIFC Connect
30.10.2026.22:22
First Vice-Governor of the National Bank of Georgia (NBG), Ekaterine Mikabadze, participated in the "AIFC Connect: Tbilisi 2026" side event held within the framework of the Tbilisi Finance Summit.
The event was organized by the Astana International Financial Centre (AIFC) in partnership with the National Bank of Georgia, the Global Finance & Technology Network (GFTN), and ITS. Its primary goal was to deepen financial cooperation between Georgia and Kazakhstan, expand cross-border access to capital markets, and create new opportunities for investors.
In her welcoming remarks, Ekaterine Mikabadze emphasized the close economic relations between Georgia and Kazakhstan and the importance of strengthening cooperation within the financial sector.
The First Vice-Governor of the NBG also highlighted the collaboration between the regulatory authorities of Georgia and Kazakhstan. She noted that the agreement signed with the Astana Financial Services Authority (AFSA) serves as a significant foundation for improving mutual access to capital markets and strengthening supervisory cooperation.
"These initiatives reflect our shared goal: to strengthen regional financial connectivity, encourage cross-border investments, and bring the financial markets of Georgia and Kazakhstan closer together," noted Ekaterine Mikabadze.
She further underscored the progress within the asset management sector. Publishing Georgian government bond indices on international platforms, including Bloomberg, represents a critical step toward improving the visibility and accessibility of Georgian securities for international investors. She also addressed the ongoing development of Georgia's capital market.
"The year 2025 was a record year in terms of public corporate bond issuances new issuances reached 1.57 billion GEL, the majority of which were denominated in the local currency. This reflects the growing role of local currency funding and the confidence of both issuers and investors in our market," stated the First Vice-Governor.
One of the central topics of AIFC Connect: Tbilisi 2026 was the Mutual Access and Recognition Project an initiative aimed at establishing practical mechanisms to simplify mutual market access for financial institutions and other market participants operating in the AIFC and Georgia.
A key foundation for this initiative is the Memorandum of Understanding signed between the National Bank of Georgia and AFSA on September 9, 2026. The agreement envisions facilitating mutual access to capital markets, enhancing supervisory cooperation, and promoting information exchange between the regulatory bodies.
AIFC Connect: Tbilisi 2026 brought together representatives from regulatory authorities, banks, investment companies, stock exchanges, and other financial institutions from both Georgia and Kazakhstan.
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