Business

Russia Halts Wine, Water Imports From Seven Georgian Firms

Russia Halts Wine, Water Imports From Seven Georgian Firms

Russia suspended drinks from seven Georgian producers, including Tbilvino and Nabeghlavi. It bought 61.4% of Georgia's wine exports in January to July.

October 18, 2026
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Azerbaijan's Vehicle Branch Grows 88.4% on Trucks as Car Output Falls 17.9%

Azerbaijan's Vehicle Branch Grows 88.4% on Trucks as Car Output Falls 17.9%

Official data show 1,881 passenger cars built in January to July, 411 fewer than a year earlier, while trucks rose 2.7 times; a full-cycle plant is due in mid-2027.

October 18, 2026
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Georgia Trade Hits $20.5bn in 9 Months, Exports Up 19.6%

Georgia Trade Hits $20.5bn in 9 Months, Exports Up 19.6%

Georgia's trade turnover rose 9.2% to $20.53bn in January to September 2026; exports gained 19.6% to $6.15bn and the deficit reached $8.23bn.

October 18, 2026
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Škoda Group Eyes Baku Rail Plant, No Deal Yet

Škoda Group Eyes Baku Rail Plant, No Deal Yet

Škoda Group told Azerbaijani officials on 12 October 2026 it plans a rail vehicle plant in Baku; no investment deal, value or timeline has been announced.

October 18, 2026
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Azerbaijan to Cover Half of Industry Grid Fees From 2027

Azerbaijan to Cover Half of Industry Grid Fees From 2027

Azerbaijan will pay 50% of grid connection fees for industrial and farm sites from 2027 and back non-oil exports, a first deputy economy minister said.

October 18, 2026
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Azerbaijan's Non-Oil Exports to Georgia Jump 79% as Sales to Russia Stall

Azerbaijan's Non-Oil Exports to Georgia Jump 79% as Sales to Russia Stall

Non-oil exports rose 17.6% to $2.81bn in January to August 2026; Russia bought $814.2m, level with 2025, while sales to Georgia rose 79% to $386.5m.

October 18, 2026
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Armenia and Russia Set 3 Months for Rail Concession Plan

Armenia and Russia Set 3 Months for Rail Concession Plan

Armenia and Russia agreed on 14 October 2026 to form a working group to propose within three months how to make Armenia's railways more competitive.

October 18, 2026
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Baku Port Sees 123,000 TEU in 2026, Targets 260,000

Baku Port Sees 123,000 TEU in 2026, Targets 260,000

Baku port expects 123,000 TEU of containers in 2026 and aims for 260,000 TEU capacity in 2027, an official from the Azerbaijan Railways unit told Trend.

October 18, 2026
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