Italy and Azerbaijan deepen economic and industrial cooperation
Ministry of Foreign Affairs | Italy
· October 21, 2026
· ✓ verified
Italy and Azerbaijan have announced a strengthened economic and industrial cooperation agenda at a Rome event organized by Confindustria with Italian and Azerbaijani ministries.
- A cooperation agreement was signed between the Ministry of Enterprises and Made in Italy, the Ministry of Foreign Affairs and International Cooperation, and the Azerbaijan Ministry of Economy to expand bilateral economic and industrial collaboration.
- The discussion focused on energy, critical raw materials, mining and metallurgy, artificial intelligence, digital infrastructure, IT services, and tourism, with a Business Forum in Baku planned by the end of the year and references to the TAP pipeline and a potential Porto Marghera strategic raw materials hub.
- The article also cites trade figures, including €8 billion in bilateral trade in 2025 and €432 million in Italian exports to Azerbaijan in 2025, plus an estimated €110 million additional export potential.