BAKU, Azerbaijan, April 15. Development
prospects for the capital market and payment systems between
Azerbaijan and China were discussed, Trend reports via the Central Bank of
Azerbaijan (CBA).
Thus, the CBA Chairman, Taleh Kazimov, received a delegation led
by Chingiz Kanapyanov, a member of the Board of Directors of the
Industrial and Commercial Bank of China (ICBC Almaty).
The meeting included an exchange of views on the development
prospects for the capital market and payment systems, issues of
cooperation with Azerbaijani banks in financing entrepreneurship
and business projects, as well as the implementation of joint
initiatives within this framework.
According to the CBA, Azerbaijan's direct investments in the
Chinese economy hit $9.9 million in 2025, marking a leap of $7.2
million, or 3.6 times, compared to 2024.
These investments accounted for 0.4% of Azerbaijan’s total
outward foreign direct investment (FDI).
In the interim, China allocated $26.89 million towards
Azerbaijan's economic landscape, reflecting an increase of $9.3
million or 1.5 times the investment from the preceding year.
The capital inflows from China to Azerbaijan represented a mere
0.4% of the total inward foreign direct investment in
Azerbaijan.
In 2024, the aggregate FDI from China to Azerbaijan amounted to
$17.6 million, while the reverse flow was recorded at $2.8
million.
