In 2024, a noteworthy yet modest development in Azerbaijan's economic landscape occurred with the entry of direct foreign investment from Mexico. For the first time, Mexico contributed $5.2 million to Azerbaijan’s economy, marking a milestone in the relationship between the two nations. Although this investment accounted for just 0.1% of the total direct foreign investments flowing into Azerbaijan, it holds symbolic significance. This marks the beginning of what could be a growing economic relationship between the two countries, although one must acknowledge that it still represents a small fraction of the overall investment climate in Azerbaijan.

Azerbaijan’s total direct foreign investment for 2024 exceeded $7 billion, reflecting a 5.83% increase from the previous year. The increase in foreign investments demonstrates that Azerbaijan continues to attract interest from global investors, largely driven by its energy sector, strategic location, and ongoing infrastructure developments. The $388.1 million increase in total investments is encouraging and suggests that Azerbaijan is positioning itself as a key player in regional and global economic discussions. Yet,........

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