Following the signing of a joint peace declaration in Washington in August 2025, Armenia and Azerbaijan took an important step forward in October by mutually lifting cargo transit restrictions through each respective territory. This development has raised hopes for a sustained economic upturn across the South Caucasus.
The German Economic Team
Economic policy advice on behalf of the Federal Ministry for Economic Affairs and Energy
The German Economic Team advises the governments of Ukraine, Moldova, Belarus*, Kosovo, Armenia, Georgia* and Uzbekistan on all aspects of economic transformation on behalf of the Federal Ministry for Economic Affairs and Energy.
We work on a broad range of topics. In addition to our work in the project countries, our traditional mandate, we also support German and European institutions from politics, administration, business and associations with analyses on our project countries.
*Within the framework of project activities in Georgia, we are in contact solely with reform-oriented partners for the time being; in Belarus advisory activities are suspended.
