Caspian Infrastructure & Energy: Azerbaijan and Turkmenistan wrapped up a high-level state visit in Baku with a broad agenda spanning transport, transit, logistics, customs, energy and industry, plus a joint statement and multiple cooperation documents, including technical specs for initial goods/vehicle data exchange and customs statistics. Maritime Industry: A key event was the online handover of Azerbaijan’s “Dostlug” oil tanker—built at Baku Shipyard—highlighting shipbuilding and Caspian shipping capacity. Transport & Logistics: Aliyev said cooperation is “strategic” and aimed at boosting cargo flows and attracting third-country freight via the Middle Corridor. Urban Development in Fuzuli/Shusha: The leaders toured Shusha’s first residential complex (450 apartments) and inspected construction progress on the new Shusha Mosque, while also visiting destroyed sites in Fuzuli and reviewing restoration plans, including a Turkmen-funded mosque. Regional Resilience & Environment: UNDP with GEF launched a small grants programme for local initiatives in the Aral Sea basin (Dashoguz, Lebap), targeting land and water restoration and sustainable livelihoods. Macroeconomic Outlook: An IMF Article IV mission reported modest 2025 improvement, easing inflation, and expects growth around 2.4% in 2026.