Ukraine and Azerbaijan define priorities for economic cooperation for 2026-2027

Trade development, investment attraction, industrial cooperation and the participation of Azerbaijani businesses in Ukraine's recovery will be the key areas of the two countries' economic partnership in 2026-2027. The relevant Action Plan, covering 14 areas of cooperation, was approved at the 14th meeting of the Joint Ukrainian-Azerbaijani Intergovernmental Commission on Economic Cooperation in Uzhhorod.

Deputy Minister of Economy and Environment of Ukraine Vitalii Petruk took part in the meeting. It was co-chaired by First Deputy Prime Minister of Ukraine and Minister of Energy Denys Shmyhal and Azerbaijan's Minister of Energy Parviz Shahbazov.

During the meeting, the parties considered ways to deepen trade and economic relations, attract investment, and develop industrial cooperation, transport links and logistics. They also focused separately on involving Azerbaijani companies in Ukraine's recovery and modernization projects.

Direct contacts between the business communities of both countries are expected to become a practical tool for developing the partnership. On the sidelines of the event, Ukrainian and Azerbaijani entrepreneurs met to discuss how to find partners, work on investment proposals and launch joint projects.

Energy partnership was another topic of the talks. In particular, the parties considered diversifying energy supplies, commercial cooperation in the gas sector, the possibility of joint production of energy equipment and the use of Ukraine's underground gas storage facilities.

The parties agreed to hold the next meeting of the Joint Intergovernmental Commission in Azerbaijan.

The Ministry of Economy and Environment continues to develop international economic partnerships, open new opportunities for Ukrainian businesses in foreign markets and promote investment in the recovery and modernization of Ukraine's economy.