AmCham Azerbaijan: The Strategic Partnership Charter Marks the Beginning of a New Phase in Bilateral Relations

The American Chamber of Commerce in Azerbaijan welcomes the signing of the Charter on Strategic Partnership between the Government of the Republic of Azerbaijan and the Government of the United States of America, signed on February 10, 2026, in Baku by President Ilham Aliyev and U.S. Vice President J.D. Vance, and recognizes it as the begining of a new chapter in bilateral relations.The signing of such a strategic document represents a logical continuation of the successful outcomes achieved in bilateral relations, particularly in recent years. It reflects the strong commitment of both governments to further deepen cooperation in key areas of mutual interest — including economic development, regional connectivity, energy security, innovation, and technology. At the same time, the document serves as a renewed affirmation of support for the sovereignty of the countries in the region, as well as for regional stability and long-term sustainable development.Within the scope of its mandate and activities, AmCham Azerbaijan highly values the emphasis placed in the Charter on expanding economic cooperation and ensuring the active involvement of the private sector in the implementation of this strategic partnership. The demonstrated mutual political will to further improve the business environment, enhance trade relations and investment flows, strengthen regional connectivity, and promote innovation — including in digital and technological fields — sends a highly progressive and positive signal to the international business community.The elevation of U.S.–Azerbaijan relations to a Strategic Partnership framework sends a strong and positive signal to the business communities of both nations. It reinforces long-term cooperation, enhances predictability, and creates an enabling environment for expanded trade, investment, and private sector engagement.As the leading voice of the international business community in Azerbaijan, AmCham Azerbaijan supports initiatives that promote stability, economic integration, investment expansion, innovation, and sustainable growth. We believe that the strengthened strategic framework will further enhance the business climate and unlock new opportunities for American and Azerbaijani companies across strategic sectors.AmCham Azerbaijan firmly states that it will continue to serve as a trusted platform for dialogue, partnership, and constructive engagement in support of this new phase of U.S.–Azerbaijan relations.The full text of the Charter is available on the official website of the President of the Republic of Azerbaijan:🔗https://president.az/en/articles/view/71553

AmCham Azerbaijan Hosts High-Level U.S. Business Delegation Networking Reception

On February 10, 2026, The American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan), in collaboration with the U.S. Embassy in Baku, and U.S. Chamber of Commerce successfully hosted the High-Level U.S. Business Delegation Networking Reception.The event was organized within the framework of the inaugural bilateral business mission to Azerbaijan, led by the U.S. Chamber of Commerce with the support of the U.S. Department of State and the U.S. Department of Commerce. The mission represented an important step in further strengthening strategic economic cooperation between the United States and Azerbaijan.In his welcome address, Mr. Dayanat Sadullayev, President of AmCham Azerbaijan, welcomed the distinguished delegation and underscored the significance of the inaugural U.S. business mission to Azerbaijan as a strong signal of deepening bilateral economic cooperation and shared confidence in Azerbaijan’s growing role as a strategic business and investment partner. He highlighted the broad representation of leading American companies across key sectors and emphasized that such high-level engagement reflects the depth of opportunity and long-term potential of U.S.–Azerbaijan commercial relations. Reaffirming AmCham’s role as a trusted platform for dialogue and partnership, he expressed appreciation to the U.S. Embassy, the U.S. Chamber of Commerce, AZPROMO for their close collaboration in advancing bilateral business ties.Mr. Yusif Abdullayev, Executive Director of AZPROMO, expressed his pride in AZPROMO’s involvement in this landmark trade mission, warmly welcoming the delegation of 31 leading U.S. companies to Azerbaijan. He described the visit as a significant milestone and the beginning of a new phase in U.S.–Azerbaijan economic relations, reaffirming AZPROMO’s strong commitment to further deepening bilateral trade, investment, and business cooperation. He expressed his sincere appreciation to AmCham Azerbaijan for organizing such a distinguished platform and for creating a valuable opportunity that fosters direct and meaningful engagement between American and Azerbaijani companies. He conveyed his best wishes for productive discussions, strong partnerships, and successful outcomes for all participants.Ms. Jennifer Miel, Vice President for the Middle East, Central Asia & Türkiye at the U.S. Chamber of Commerce, underscored the long-standing commercial ties between the United States and Azerbaijan. She highlighted the U.S. Chamber’s commitment to deepening bilateral trade relations and supporting American companies in exploring new opportunities in Azerbaijan’s evolving market landscape. Ms. Miel noted that the delegation reflects strong interest from U.S. industry leaders in expanding cooperation across strategic sectors.The program continued with Company Spotlight Speeches from leading multinational corporations.Representing bp, Ms. Mary Streett, Senior Vice President, Communications and External Affairs, Americas, emphasized bp’s longstanding partnership with Azerbaijan and its contribution to the country’s energy development over the past decades. She highlighted the importance of energy security, sustainability, and continued collaboration in both traditional and renewable energy projects.Remarks were also delivered by representatives of Baker Hughes, Herbalife, and Marriott, who shared insights into their operations, commitment to the Azerbaijani market, and perspectives on future collaboration.The reception brought together senior executives, government officials, AmCham Azerbaijan members, and representatives of the Azerbaijani private sector.The high-level U.S. delegation included distinguished companies such as Apple, Ardea Energy Technologies Inc. Co., Aretera Public Affairs, Baker Hughes, bp, Ericsson, Esin Attorney Partnership / Baker McKenzie International, ExxonMobil, Fuji Engineering, Herbalife, Hill International, Honeywell, Illumina, Lummus Technology, Marriott, Mastercard, Meta, Motorola Solutions, Resecurity, Shell International, Straife, The Coca-Cola Company, Visa, Vertiv, among others.A key highlight of the evening was the Structured B2B Roundtable Meetings, organized in a sector-based format. This session enabled direct, focused discussions between AmCham member companies and U.S. delegation representatives, fostering practical business connections and exploring partnership opportunities in energy, digital transformation, defense and transport, agriculture, healthcare, finance, and investment.The event concluded with closing remarks reaffirming the shared commitment to strengthening U.S.–Azerbaijan economic ties.

AmCham Azerbaijan Leadership Participates in High-Level U.S. Chamber of Commerce Business Mission

The American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) actively participated in the high-level U.S. Chamber of Commerce Business Mission to Azerbaijan, currently taking place in Baku. The mission is organized by the U.S. Chamber of Commerce with the support of the U.S. Department of State and the U.S. Department of Commerce and aims to strengthen bilateral economic ties between the United States and Azerbaijan.As part of the mission’s official program, an Evening Reception hosted by the Chargé d’Affaires, the Honorable Amy Carlon, was organized by the U.S. Embassy in Baku and served as a valuable platform for open dialogue, networking, and the exchange of perspectives on expanding U.S.–Azerbaijan commercial cooperation.AmCham Azerbaijan was represented at the reception by Mr. Dayanat Sadullayev, President of AmCham Azerbaijan, alongside members of the AmCham Board of Directors, including Ms. Rana Mammadova, General Manager of Coca-Cola Bottlers Azerbaijan; Mr. Babak Aghayev, Founder at Prodata; and Mr. Kanan Tabasaransky, Owner of Smart Solutions. The Chamber’s management team was also in attendance, represented by Ms. Gulnara Aslanbayli, Executive Director of AmCham Azerbaijan, and Mr. Zaur Karimov, Deputy Director.The mission’s agenda is focused on identifying new opportunities for cooperation, investment, and partnership across priority sectors of mutual interest.Key areas of discussion include energy and digital transformation, defense and transport, agriculture and healthcare, as well as finance and investment. Through high-level meetings, networking events, and sector-focused discussions, the mission aims to foster long-term collaboration, promote trade and investment, and contribute to sustainable economic growth in Azerbaijan.AmCham Azerbaijan remains committed to supporting initiatives that enhance the bilateral business environment and facilitate meaningful engagement between U.S. and Azerbaijani companies, reinforcing its role as a bridge between the two business communities.

AmCham Board Member Attended High-Level Meeting Between President Ilham Aliyev and the U.S. Chamber of Commerce Delegation

On February 9,2026 the President of the Republic of Azerbaijan Ilham Aliyev, received a delegation from the U.S. Chamber of Commerce.Rana Mammadova, Board Member of AmCham Azerbaijan and General Manager of Coca-Cola Azerbaijan, also participated in the high-level meeting.The meeting was attended by the U.S. Chamber of Commerce Vice President for the Middle East, Central Asia, and Türkiye, Jennifer Miel, as well as senior executives from leading global companies, including Apple, Ericsson, ExxonMobil, Meta, Visa, Boeing, Honeywell, Mastercard, Shell, bp, Marriott, and Motorola Solutions, among others.The meeting served as an important platform for discussing the expansion of dialogue and partnership between Azerbaijani and U.S. business communities, investment opportunities, and other matters of mutual economic interest.https://president.az/en/articles/view/71523

AmCham President Attends High-Level U.S. Chamber of Commerce Business Mission in Azerbaijan

In the framework of the U.S. Chamber of Commerce Business Mission to Azerbaijan, organized on behalf of the U.S. Chamber of Commerce with the support of the U.S. Department of State and the U.S. Department of Commerce, a high-level bilateral business program is currently underway in Baku.As part of the mission agenda, a Delegate Welcome Networking Reception was organized, providing a platform for meaningful dialogue and business networking. Mr. Dayanat Sadullayev, President of the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan), participated in the reception alongside Ms. Rana Mammadov, Board Member of AmCham Azerbaijan and General Manager of Coca-Cola Bottlers Azerbaijan.The mission brings together a distinguished delegation of leading U.S. companies and stakeholders to engage with Azerbaijani counterparts and explore opportunities for enhanced economic cooperation. The program focuses on key priority sectors, including energy and digital transformation, defense and transport, agriculture and healthcare, as well as finance and investment.The Business Mission represents a significant step toward strengthening U.S.–Azerbaijan commercial ties, fostering long-term partnerships, and promoting sustainable economic growth through increased bilateral trade and investment.

Another Meeting was Held Between the State Customs Committee and AmCham Azerbaijan.

One of the key priorities of the State Customs Committee is to establish strong partnership relations with foreign trade participants, provide support to their activities, and expand customs–business dialogue in line with the development strategy of the customs system.In this context, regular meetings are organized within the framework of the “Customs–Business Forums” and other cooperation platforms to inform business entities about achievements in the customs field, newly implemented projects, and other relevant customs matters, as well as to address questions of interest.Based on these objectives, another meeting was held with the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan). During the meeting, views were exchanged on customs-related issues reflected in the White Paper 2025, including the application of exemptions and incentives, transit transportation of excisable goods, the use of customs warehouses, and the determination of commodity classification codes. Participants were also informed about recently introduced tools and ongoing innovations in the customs sphere.It was noted that the extension of existing incentives or the introduction of new ones is carried out following relevant efficiency assessments. In accordance with legislation, a deposit mechanism is applied to the transit transportation of excisable goods, including alcoholic beverages and tobacco products.The legal framework for the customs warehouse special procedure has been established, and mechanisms for its practical implementation—considered one of the key achievements of recent years—have been introduced. In addition, further development of this area is envisaged within the framework of the Authorized Economic Operator (Trusted Partner) Concept adopted in 2025.The process of determining commodity classification codes has been simplified through the use of digital tools, with supportive instruments developed to assist businesses in this area.Participants were also informed about achievements in other areas, including the application of a methodology based on international standards for customs valuation, as well as the expansion of opportunities to amend customs declarations after the release of goods.The meeting concluded with an emphasis on the importance of continuing dialogue through regular meetings to closely monitor customs practices, take into account newly introduced tools and mechanisms, and discuss emerging issues related to customs operations.https://customs.gov.az/az/faydali/xeberler/2208

High-level Meeting was Held Between AmCham Azerbaijan and the State Customs Committee

On February 2, 2026 a meeting was held between representatives of the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) and the State Customs Committee of the Republic of Azerbaijan.The meeting was organized to discuss issues related to the increase of customs value and the non-application of international practices, as reflected in the White Paper 2025 publication, as well as in certain media outlets referencing this document.During the meeting, it was emphasized that both AmCham Azerbaijan and the State Customs Committee are always open to transparent, constructive, and open dialogue.The State Customs Committee presented its position on the issues outlined in the White Paper 2025. Information was provided on the national practices applied in customs valuation with due consideration of international standards, the use of digital tools in this area, the application of the “transaction value” method for determining customs value, dispute resolution mechanisms, and relevant statistical indicators.It was noted that, according to statistical data for 2025, the customs value declared by foreign trade participants was accepted as declared for 95% of customs declarations where the “transaction value method” was applied. As a result of notifications issued for the purpose of adjusting customs value, the adjusted customs value accounted for only 1.2% of total import volume.In conclusion, it was agreed to conduct a detailed discussion of the recommendations put forward in the White Paper 2025 between AmCham Azerbaijan and the State Customs Committee and to present relevant information based on the outcomes.The meeting was attended by the leadership and responsible officials of both AmCham Azerbaijan and the State Customs Committee.

AmCham Azerbaijan Presented White Paper 2025

On January 27, 2026, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) hosted its Members’ January Luncheon, dedicated to the public presentation of the White Paper 2025 — AmCham’s flagship biennial policy publication prepared for submission to the Government of Azerbaijan with the aim of supporting the development of various sectors of the national economy.The event brought together key stakeholders, including members of the AmCham Board of Directors, Committee chairpersons, government officials, AmCham members, and representatives of the diplomatic corps.Over the years, a number of recommendations reflected in AmCham’s White Papers have been incorporated into state programs, while others have led to legislative amendments, contributing positively to the improvement of Azerbaijan’s business environment.The luncheon was opened by Ms. Gulnara Aslanbayli, Executive Director of AmCham Azerbaijan, who welcomed the participants and expressed gratitude to all contributors for their active engagement and invaluable input into the preparation of the White Paper 2025.In his opening remarks, Mr. Dayanat Sadullayev, President of AmCham Azerbaijan, emphasized the strategic importance of the White Paper as a platform for constructive dialogue between the business community and public institutions. He highlighted that the White Paper is a practical roadmap for action, reflecting the collective expertise and experience of AmCham’s community. Mr. Sadullayev underlined that in a rapidly changing global environment, Azerbaijan has taken important steps toward strengthening regional cooperation and economic development. He noted that, as a chamber representing the business community, AmCham considers it its responsibility to remain forward-looking, responsive to change, and actively engaged in proposing solutions that support sustainable economic growth. He also emphasized that the White Paper marks the beginning of a structured action plan aimed at implementation, advocacy, and continued cooperation with all stakeholders.Following the President’s remarks, Ms. Shabnam Guliyeva, Legal & Policy Officer of AmCham Azerbaijan, presented an overview of the White Paper 2025. She noted that the publication was developed based on recommendations submitted by 11 committees and 1 working group, and consists of 12 chapters and 129 recommendations.Ms. Guliyeva highlighted that the White Paper 2025 covers key policy areas including banking and finance, legal and judicial reform, sustainable development, the digital economy, human resources, as well as a number of other strategic sectors.Within this overview, Ms. Guliyeva drew the participants’ attention to selected key recommendations reflected in the White Paper 2025. These recommendations focused on strengthening the legal and regulatory framework, advancing the digitalization of public–private sector interaction, enhancing competition and financial market development, and modernizing employment relations and risk management mechanisms.She also touched upon recommendations related to food safety and excise regulation, the application of the integration of ESG and circular economy principles and the development of the digital economy, highlighting areas that hold a special place in the White Paper 2025, including AI, cybersecurity, digital infrastructure, and personal data protection.Following the policy overview, AmCham Committee Chairpersons presented detailed insights into the recommendations within their respective areas of expertise, including:Ms. Gunay Jalilova, Chairperson, Banking, Finance & Insurance CommitteeMs. Lala Afandi, Chairperson, FMCG CommitteeMs. Bahar Kavuzova, Chairperson, Legal & Compliance CommitteeMr. Parviz Tahirov, Chairperson, Human Resources & Labor CommitteeMr. Samir Karimov, Chairperson, Risk Management CommitteeA notable highlight of the event was the certificate presentation ceremony, recognizing the Chairpersons and Deputy Chairpersons of AmCham committees, as well as members of the Board of Directors, for their instrumental contributions to the development of the White Paper 2025.To access the White Paper 2025 and explore its recommendations in detail, please follow the links below:EN:  White Paper.AZ: White Paper/AZ

AmCham Education & Vocational Working Group’s December meeting

On December 18, 2025, AmCham Education & Vocational Working Group (EVWG) hosted its December meeting, bringing together AmCham member companies, education-focused organisations and institutions. The meeting focused on Youth Intern & Mentorship Programs and featured a presentation by the Chairperson of the EVWG, Mr. Francesco Banchini, on this topic. The session included a previous meeting recap and the launch of internship placements in AmCham member companies, highlighting how organizations build talent pipelines while students gain workplace exposure and start building their future workforce.The discussion highlighted the shared need to bridge education and industry by giving students real-life exposure, guiding families, and developing future-ready talent through internships and mentorship programs. The meeting also covered demand vs. current skill emphasis, career clarity score progression across age groups, dream destination preferences among students, and connecting student interests to real opportunities.The event concluded with a focus on the collaboration cycle, next-step activities for the Education & Vocational Working Group, AmCham values and expectations, and a shared vision among member companies to strengthen youth internship and mentorship programs.

AmCham Azerbaijan is pleased to announce the appointment of the new Deputy Chairperson to the Tax and Customs Committee

We are delighted to welcome Ms. Isli Mahammadrasulova, Tax Chief Specialist at NEQSOL Holding, as the newly appointed Deputy Chairperson of AmCham Tax and Customs Committee. BIO:Isli is a Tax Chief Specialist at NEQSOL Holding, with extensive experience in managing complex tax matters across diverse business sectors. With strong expertise in tax compliance, tax planning, risk assessment, and regulatory analysis, Isli plays a key role in supporting strategic decision-making within the organization. Her professional background includes working on various tax projects, ensuring adherence to local legislation, optimizing tax processes, and providing advisory support to business units.We extend our best wishes and wish her great success in this exciting new role!