US EditionThe Port of Baku facilitates Trans-Eurasian Commerce (Part One) – Aze.Media
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The Port of Baku facilitates Trans-Eurasian Commerce (Part One) – Aze.Media
In December 2024, Azerbaijani President Ilham Aliyev authorized a $12 million investment into the Port of Baku to initiate the second phase of its expansion. This phase aims to increase the port’s annual cargo capacity from 15 million to 25 million tons (Interfax, December 25, 2024). The region’s ongoing geopolitical instability, largely due to Russia’s full-scale invasion of Ukraine and the ensuing Western sanctions, has disrupted its establish…
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