CESD Research Paper: Feasibility study on the Deep and Comprehensive Free Trade Area (DCFTA) between Azerbaijan and the European Union

CESD Research Paper: Feasibility study on the Deep and Comprehensive Free Trade Area (DCFTA) between Azerbaijan and the European Union The trade relations between Azerbaijan and the European Union are a substantial part of enhancing economic and political relations among both parties. Recent years have been characterized by an expansion of the trade volume between two parties; the EU turned out to be Azerbaijan’s biggest trade partner, in terms... Read More

CESD Research Paper: Why Azerbaijan needs a Strategic Reform of its foreign policy towards the European Union?

CESD Research Paper: Why Azerbaijan needs a Strategic Reform of its foreign policy towards the European Union? During the course of 2015 Azerbaijan suffered the impact of two devaluations of the national currency, Azerbaijani Manat (AZN), due to the decrease of the world oil prices. Given that oil and natural gas accounts for more than 90% of Azerbaijani exports, continued low world oil prices had a critical negative impact on the Azerbaijani economy.... Read More