BAKU, Azerbaijan, September 26. During his
recent visit to the US, the President of the Republic of
Azerbaijan, Ilham Aliyev, addressed the 80th session of the United
Nations General Assembly (UNGA), discussing key regional and global
issues, Political analyst Azer Garayev told Trend.
Garayev noted that in his speech, President Ilham Aliyev
highlighted the injustices committed by Armenia during nearly three
decades of occupation.
“The Azerbaijani President emphasized that the Patriotic War in
2020 was conducted based on UN Security Council resolutions,
leading to the restoration of the country’s territorial integrity.
This sends a clear message to the international community that
Azerbaijan’s use of force was legally justified. The speech also
underscored post-war peace initiatives, economic reconstruction,
Azerbaijan’s growing role in climate leadership within COP29, and
energy security. At the same time, it demonstrated Azerbaijan’s
open and peace-oriented policy in regional and global cooperation.
The President criticized the lack of enforcement of international
law and the inefficiency of the OSCE Minsk Group,” Garayev
noted.
He added that following the successful conclusion of the
Patriotic War, Azerbaijan’s peace initiatives, particularly the
normalization of relations with Armenia and new agreements mediated
by the US, were presented.
“Documents signed at the Washington Summit and regional projects
such as the ‘Trump Route’ are highlighted as important steps toward
lasting peace and cooperation. The speech also highlighted
Azerbaijan’s role in energy security, leadership in addressing
climate change at COP29, and economic achievements. Humanitarian
assistance, mine risks, and environmental challenges were also
addressed. Overall, the speech reflects Azerbaijan’s transition
from war to peace, adherence to international law, and constructive
cooperation,” Garayev added.
During the U.S. visit, President Ilham Aliyev met with leaders
of leading global financial institutions, marking a significant
step in strengthening Azerbaijan’s position in international
finance and its growing strategic importance in the global
investment landscape.
Garayev emphasized that these meetings were not merely routine
diplomatic and economic protocol but clear indicators of
Azerbaijan’s current standing on the radar of global financial
players.
“A key point is that the meetings were initiated by financial
giants such as Blackstone, Brookfield Asset Management, and
Neuberger Berman. These institutions are leaders not only because
of the volume of assets they manage but also for their role in
shaping global economic trends. Their eagerness to meet directly
with the President reflects the high value they place on
Azerbaijan’s economic potential and regional role.
These firms manage assets worth trillions of dollars and focus
on strategic sectors such as real estate, infrastructure, digital
technologies, green energy, healthcare, and education. Attracting
their interest often channels capital flows capable of reshaping
national and regional development priorities. Azerbaijan is now
presented not only as an energy exporter but also as a
forward-looking market for digital transformation, renewable
energy, and high technologies,” he said.
Garayev noted that partnerships with these global players carry
strategic significance beyond economics.
“In the Caucasus and broader Eurasia, economic power
increasingly relies on alternative energy, logistics, and
technological capacities. Countries that can attract significant
capital in these areas play a decisive role in shaping the region’s
economic and political future. Azerbaijan’s cooperation with firms
like Blackstone, Brookfield, and Neuberger Berman is strategically
important in this context.
The meetings also focused on Azerbaijan’s economic reforms,
efforts to increase transparency in the investment environment, and
alignment of regulatory frameworks with international standards.
This demonstrates that the country’s leadership is not only
attracting investment but also ensuring the sustainable and
efficient use of capital, a key condition for long-term foreign
investment flows,” he said.
The political analyst highlighted that Azerbaijan’s existing
partnerships with alternative investment funds, projects worth $1
billion with Blackstone, $660 million with Brookfield, and $600
million with Neuberger Berman, show that the country has
transitioned from a passive recipient of investment to an active
participant in global finance.
“These investments contribute not only financially but also
through knowledge transfer, technology, and management experience,
adding long-term value to the economy. Another key aspect is that
these partnerships directly align with Azerbaijan’s economic
diversification policy, which, under the leadership of President
Ilham Aliyev in recent years, has reduced the country’s dependence
on oil revenues and prioritized the development of non-oil sectors
such as logistics, digitalization, agriculture, tourism, and
industrial technologies. There is strong alignment between the
interests of alternative investment funds and Azerbaijan’s national
development priorities,” Garayev concluded.
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