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Home Azerbaijan

Baku pushes forward with strategic economic diversification plans

WNAM: by WNAM:
April 26, 2025
in Azerbaijan
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Baku pushes forward with strategic economic diversification plans
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WNAM REPORT: Azerbaijan has long been recognized as a key player in the global energy market, with its economy historically anchored by the oil and gas industry. However, as global energy dynamics evolve and economic challenges intensify, Azerbaijan has embarked on a strategic and ambitious journey of economic diversification. This shift aims not only to reduce its dependency on volatile energy markets but also to create a more resilient, sustainable economic structure that can adapt to future global trends.

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