Azerbaijan Economy Grows as Armenia Begins Aluminum Foil Exports

Azerbaijan's economy is showing strong momentum, with the EBRD forecasting GDP growth for 2026-27 and noting that higher oil prices will boost state revenues by 3.9% of GDP. U.S. investment in the country jumped 47% in the first half of 2026. In a historic first, Armenia has begun exporting aluminum foil to Azerbaijan, signaling a new phase in economic ties between the two countries.