The 12th sanctions package against; Evaluation of

As in the 11th package, the list of entities operating in the 3rd country and indirectly contributing to Russia's evasion of sanctions is further expanded and the trade of a number of products is further restricted. [...] The statistical indicators of trade relations between Azerbaijan and Russia continue with an increasing trend, and in the first 11 months of 2023, a record level of the independence period was recorded in the volume of inter-country trade turnover. [...] Impact of sanctions on Russian-Azerbaijani economic relations The fact that Russia is one of the main economic partners of Azerbaijan, in the background of each package of sanctions applied against Russia, the issue of the impact of sanctions on the economic relations between the countries becomes relevant. [...] Despite the introduction of 11 sanctions packages against Russia and the adoption of the 12th package, the commodity structure of the trade between Azerbaijan and Russia does not create an obstacle to the growth of trade relations. [...] Considering the content of the sanctions package and the commodity structure of Azerbaijan-Russia trade relations, it is not expected that the sanctions will seriously affect the trade relations between the countries.