EENI Global Business School
Business in Azerbaijan, Baku

Syllabus of the Subject: Foreign Trade and Business in Azerbaijan. Baku

  1. Introduction to the Republic of Azerbaijan (Europe - Central Asia)
  2. Azerbaijani Economy
    1. Azerbaijani Petrol
    2. Case Study: The State Petrol Company of the Azerbaijan Republic
  3. International Trade (Import, Export) of Azerbaijan
    1. European Union-Azerbaijan trade relations
  4. Foreign Direct Investment (FDI) in Azerbaijan
  5. Doing Business in Baku
  6. Access to the Azerbaijani market
  7. Business Plan for Azerbaijan

The objectives of the subject “Foreign Trade and Business in Azerbaijan” are the following:

  1. To analyse the Azerbaijani Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in Azerbaijan
  3. To explore the Azerbaijani trade relations with the country of the student
  4. To know the Azerbaijani Trade Agreements
  5. To examine the profile of Azerbaijani companies
  6. To develop a business plan for the Azerbaijani market

Sample - Doing Business in Azerbaijan:
International Trade and Business in Azerbaijan Baku

The Subject “Foreign Trade and Business in Azerbaijan” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
  1. Doctorates: Islamic Business, European Business
  2. Masters: International Business, Muslim Countries, Europe
  3. Courses: Business in Eastern Europe, Central Eurasia

Online Student (Master International Business Foreign Trade)

Learning materials in Courses, Masters, Doctorates in International Business in English or Study Master Doctorate Business in Spanish Azerbaiyán Study, Master in International Business in French Azerbaidjan

  1. Credits of the subject “Foreign Trade and Business in Azerbaijan”: 1 ECTS Credits
  2. Duration: one week

Azerbaijani Online Students, Master, International Business, Foreign Trade Azerbaijan - Master of Science in International Business (MIB)





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Description: Foreign Trade and Business in Azerbaijan

Transport Corridor Europe-Caucasus-Asia TRACECA: Azerbaijan, Armenia, Georgia, Iran, Kazakhstan, Kyrgyzstan, Moldova, Romania, Tajikistan, Turkey, Ukraine and Uzbekistan

Azerbaijani Free Trade Agreements (FTA) and Market Access.

  1. Azerbaijan and the Central Eurasian Economic Area
  2. Commonwealth of Independent States (CIS)
  3. Economic Cooperation Organisation (ECO)
  4. Regional Organisation Democracy Economic Development (GUAM)
  5. Black Sea Economic Cooperation (BSEC)
  6. Central Asia Regional Economic Cooperation (CAREC) Programme
  7. Ukraine-Azerbaijan Free Trade Agreement
  8. Russia-Azerbaijan Free Trade Agreement (FTA)
  9. Georgia-Azerbaijan Free Trade Agreement
  10. Free Trade Agreement (FTA) between Georgia, Ukraine, Azerbaijan, and Moldova
  11. Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU)
  12. Transit and Transport Cooperation Agreement (Lapis Lazuli Route Agreement)
  13. Iran-Pakistan-Turkey Transit Transport Framework Agreement (TTFA)
  14. Azerbaijan-European Union
    1. EU Eastern Partnership
    2. Black Sea Synergy
    3. European Union-South Caucasus
  15. Islamic Trade Preferential System (TPS-OIC)
  16. Cooperation Council of Turkic Speaking States (Turkic Council)
  17. Shanghai Cooperation Organisation (SCO) (Dialogue Partner)

Central Asia Regional Economic Cooperation (Trade Facilitation, customs, corridors)

International North-South Transport Corridor (India-Russia) Iran, Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan...

China-Central Asia-West Asia Economic Corridor: Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Turkmenistan, Iran Turkey. Road Transportation Course

The Republic of Azerbaijan

  1. Azerbaijan is strategically situated between Asia and Europe.
  2. Azerbaijan is located in the south-eastern part of Southern Caucasus
  3. Azerbaijan shares borders with the Russian Federation, Iran, Turkey, Georgia, and Armenia
    1. With Kazakhstan and Turkmenistan (Caspian Sea)
  4. Azerbaijani is the official language of Azerbaijan
  5. The capital of Azerbaijan is Baku
  6. Azerbaijani Area: 86,600 square kilometres
  7. Population of Azerbaijan: 9.6 million people
  8. Independence from the Soviet Union: 1991

Main religion in Azerbaijan: Islam

Azerbaijan belongs to the Central Eurasian Economic Area (Islamic Civilisation).

Community of Independent States CIS: Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, and Uzbekistan

Azerbaijani Economy.

  1. The Republic of Azerbaijan is one of the fastest developing countries
  2. The gross domestic product of Azerbaijan grew 14.6% yearly to 14,309 billion Manat (AZN, the currency of Azerbaijan)
  3. Azerbaijan ranks as the top reformer (World Bank- “Doing Business” survey), with improvements in 7/10 indicators of regulatory reform
  4. The Government of the Republic of Azerbaijan is promoting the foreign direct investments into Azerbaijan
  5. Azerbaijan is one of the World's leading countries by the foreign direct investment (FDI) attraction
  6. The privatisation process is one of the greatest tools for the FDI attraction in the non-petrol sector of Azerbaijan
  7. The Baku International Sea Trade Port was created in 1902; is the largest Caspian Sea ports
  8. The largest industry in Baku is petroleum
  9. The State Petrol Company of Azerbaijan Republic is one of the largest petrol companies in the World
  10. Azerbaijani Currency: Manat (AZN)

European Union Eastern Partnership

Foreign Trade of Azerbaijan.

  1. Near 91% of the exported products from Azerbaijan (19 billion dollars) are exported to not- Commonwealth of Independent States (CIS) countries, while 9% (2 billion dollars) are exported to the Commonwealth of Independent States countries
  2. 58% of the export products was carried out to the European Union (32%), Asia (8%), and America (1%)
  3. Azerbaijan has deep bilateral trade relations with Italy, France, Russia, Israel, the United States, Ukraine, Turkey, the People's Republic of China, Croatia, Indonesia, Malaysia, Singapore, Germany, and Georgia
  4. The United Kingdom, the United States, Japan, France, Norway, the Czech Republic, and Turkey contributed 1289.4 million Manat (87%) out of the total of the foreign direct investment (FDI)
  5. Access to the Eurasian Land Transport Initiative (Silk Road)

Islamabad-Tehran-Istanbul Rail and Road Corridor: Turkey, Iran and Pakistan

Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey Transport Corridor (Lapis Lazuli)

Trans-Caspian Trade and Transit Corridor (China, Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Turkmenistan, Iran and Turkey) Road Transportation Course

Isabel dos Santos (the richest women in Africa) was born in Azerbaijan
Isabel dos Santos, Angolan Businesswoman, Richest African Women (Angola)



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