The 18th meeting of the EU-Azerbaijan Cooperation Councilin Brussels today, chaired by Azerbaijan’s Foreign Minister Jeyhun Bayramov. The Council is part of Brussels’ efforts to strengthen its economic and political with Baku. Azerbaijan is part of the EU’s , which aims at fostering closer cooperation and economic integration with countries in the bloc’s eastern vicinity.
The EU is Azerbaijan’s major trade partner and since Russia’s invasion of Ukraine, Azerbaijan is also becoming increasingly important to the Union. More than half of Azerbaijan’sare headed for the EU—chief among which are oil and natural gas. Brussels will likely focus on securing additional fossil fuel deliveries into the EU. In return, apart from seeking greater access to the EU market, Baku will likely also push Brussels for greater support in its bid to the WTO.
Brussels will likely also address ongoing tensions between Azerbaijan and Armenia, following theof 2020. The EU recently acted as a between the two countries and hopes to facilitate lasting peace. However, Baku may feel it has the upper hand, given the EU’s ongoing search for alternatives to .
David is a Senior Analyst focusing on East Asia. He primarily writes on economic, political, and social issues and how they relate to the geopolitical environment.