The document you've shared appears to be a news digest from the Trend News Agency, covering various economic and political developments in Azerbaijan, Iran, Kazakhstan, Türkiye, and other related regions as of January 27, 2026. Here's a structured overview of some key points: ### Economic Developments - **Azerbaijan**: - The State Oil Fund of Azerbaijan (SOFAZ) has been active in diversifying its portfolio, investing more heavily in gold reserves and real estate. - There is significant growth in non-oil and gas exports for Azerbaijan, reaching record levels since independence. - Baku Stock Exchange plans to engage with global brokers and develop a platform for green bond issuances. - **Iran**: - Iran has increased its imports from Tajikistan and seen a rise in exports of non-oil products to countries like Oman, Qatar, and UAE. - There's notable growth in lending to startups and the agricultural sector. - **Kazakhstan**: - Plans to develop resort zones, increase planting areas for various crops by 2026, and proposals for energy projects with South Korea are underway. - Kazakhstan also aims to enhance its economic ties with Israel, potentially unlocking visa-free travel between the two nations. ### Political Developments - **Azerbaijan and Türkiye**: - A strategic deal has been struck to enhance railway cooperation. There is a strong alliance highlighted by various diplomatic engagements. - **International Relations**: - Azerbaijan’s Speaker of Parliament has engaged in discussions with counterparts from the UAE and Mediterranean Women's Parliamentary Forum, emphasizing expanding ties and connectivity. ### Infrastructure and Industry - **Tajikistan**: - Notable expansion in educational infrastructure and strong growth in sectors like construction. - **Uzbekistan**: - Engaging in integrated nuclear power projects with Russia's Rosatom and expanding trade relations with Afghanistan. - **Turkmenistan**: - Moves toward creating trade hubs at border crossings with Iran and expands global reach through new international routes for Turkmenistan Airlines. ### Energy Sector - Kazakhstan continues to manage its fuel reserves amidst refinery works, while Azerbaijan reports high oil supplies to Tunisia. - There's a broader emphasis on renewable energy, such as Uzbekistan’s wind power projects and Iran’s solar power development. Overall, the region is seeing substantial economic growth and strategic partnerships across various sectors, with notable advancements in infrastructure and international relations. The trend towards diversifying economies away from heavy reliance on oil and gas is evident, alongside a strong push for renewable energy initiatives.