International Investment Agreements of Azerbaijan
Azerbaijan has concluded the following Bilateral Investment Treaties (BITs), Treaties with Investment Provisions (TIPs) and Investment Related Instruments (IRIs) according to the database of UNCTAD.[1]
Overview
International organizations such as the World Trade Organization periodically evaluate developments in trade and investment, trends and patterns in FDI and the investment regime for a particular country.
The U.S. government also periodically assesses investment conditions, openness to foreign investment, policies toward foreign direct investment, investment and tax treaties and trade facilitation measures.
Bilateral Investment Treaties
| No. | Short title | Status | Parties | Date of signature | Date of entry into force |
|---|---|---|---|---|---|
| 1 | Azerbaijan - Turkmenistan BIT (2018) | In force | Turkmenistan | 22/11/2018 | 10/04/2019 |
| 2 | Afghanistan - Azerbaijan BIT (2017) | Signed (not in force) | Afghanistan | 01/12/2017 | |
| 3 | Azerbaijan - San Marino BIT (2015) | In force | San Marino | 25/09/2015 | 25/02/2016 |
| 4 | Azerbaijan - Russian Federation BIT (2014) | In force | Russian Federation | 29/09/2014 | 16/11/2015 |
| 5 | Azerbaijan - Macedonia, The former Yugoslav Republic of BIT (2013) | In force | North Macedonia | 19/04/2013 | 12/08/2013 |
| 6 | Albania - Azerbaijan BIT (2012) | In force | Albania | 09/02/2012 | 13/07/2012 |
| 7 | Azerbaijan - Turkey BIT (2011) | In force | Türkiye | 25/10/2011 | 02/05/2013 |
| 8 | Azerbaijan - Montenegro BIT (2011) | In force | Montenegro | 16/09/2011 | 02/11/2012 |
| 9 | Azerbaijan - Serbia BIT (2011) | In force | Serbia | 08/06/2011 | 14/12/2011 |
| 10 | Azerbaijan - Czech Republic BIT (2011) | In force | Czechia | 17/05/2011 | 09/02/2012 |
| 11 | Azerbaijan - Belarus BIT (2010) | In force | Belarus | 03/06/2010 | 01/07/2011 |
| 12 | Azerbaijan - Estonia BIT (2010) | In force | Estonia | 07/04/2010 | 30/06/2011 |
| 13 | Azerbaijan - Syrian Arab Republic BIT (2009) | In force | Syrian Arab Republic | 08/07/2009 | 04/01/2010 |
| 14 | Azerbaijan - Kuwait BIT (2009) | In force | Kuwait | 10/02/2009 | 02/03/2013 |
| 15 | Azerbaijan - Jordan BIT (2008) | In force | Jordan | 05/05/2008 | 25/12/2008 |
| 16 | Azerbaijan - Croatia BIT (2007) | In force | Croatia | 02/10/2007 | 30/05/2008 |
| 17 | Azerbaijan - Qatar BIT (2007) | In force | Qatar | 28/08/2007 | 06/04/2018 |
| 18 | Azerbaijan - Hungary BIT (2007) | In force | Hungary | 18/05/2007 | 26/02/2008 |
| 19 | Azerbaijan - Korea, Republic of BIT (2007) | In force | Korea, Republic of | 23/04/2007 | 25/01/2008 |
| 20 | Azerbaijan - Tajikistan BIT (2007) | In force | Tajikistan | 15/03/2007 | 26/02/2008 |
| 21 | Azerbaijan - Israel BIT (2007) | In force | Israel | 20/02/2007 | 16/01/2009 |
| 22 | Azerbaijan - United Arab Emirates BIT (2006) | In force | United Arab Emirates | 20/11/2006 | 24/08/2007 |
| 23 | Azerbaijan - Lithuania BIT (2006) | In force | Lithuania | 08/06/2006 | 01/07/2007 |
| 24 | Azerbaijan - Switzerland BIT (2006) | In force | Switzerland | 23/02/2006 | 25/06/2007 |
| 25 | Azerbaijan - Latvia BIT (2005) | In force | Latvia | 03/10/2005 | 10/05/2006 |
| 26 | Azerbaijan - Saudi Arabia BIT (2005) | In force | Saudi Arabia | 09/03/2005 | 20/05/2011 |
| 27 | Azerbaijan - Bulgaria BIT (2004) | Signed (not in force) | Bulgaria | 07/10/2004 | |
| 28 | Azerbaijan - Greece BIT (2004) | In force | Greece | 21/06/2004 | 03/09/2006 |
| 29 | Azerbaijan - BLEU (Belgium-Luxembourg Economic Union) BIT (2004) | In force | BLEU (Belgium-Luxembourg Economic Union) | 18/05/2004 | 27/05/2009 |
| 30 | Azerbaijan - Finland BIT (2003) | In force | Finland | 26/02/2003 | 10/12/2004 |
| 31 | Azerbaijan - Romania BIT (2002) | In force | Romania | 29/10/2002 | 29/01/2004 |
| 32 | Azerbaijan - Egypt BIT (2002) | Signed (not in force) | Egypt | 24/10/2002 | |
| 33 | Austria - Azerbaijan BIT (2000) | In force | Austria | 04/07/2000 | 28/05/2001 |
| 34 | Azerbaijan - France BIT (1998) | In force | France | 01/09/1998 | 24/08/2000 |
| 35 | Azerbaijan - Lebanon BIT (1998) | Signed (not in force) | Lebanon | 11/02/1998 | |
| 36 | Azerbaijan - Moldova, Republic of BIT (1997) | In force | Moldova, Republic of | 27/11/1997 | 28/01/1999 |
| 37 | Azerbaijan - Italy BIT (1997) | Terminated | Italy | 25/09/1997 | 04/02/2000 |
| 38 | Azerbaijan - Kyrgyzstan BIT (1997) | In force | Kyrgyzstan | 28/08/1997 | 28/08/1997 |
| 39 | Azerbaijan - Poland BIT (1997) | In force | Poland | 26/08/1997 | 10/02/1999 |
| 40 | Azerbaijan - United States BIT (1997) | In force | United States of America | 01/08/1997 | 02/08/2001 |
| 41 | Azerbaijan - Ukraine BIT (1997) | In force | Ukraine | 24/03/1997 | 09/12/1997 |
| 42 | Azerbaijan - Iran, Islamic Republic of BIT (1996) | In force | Iran, Islamic Republic of | 28/10/1996 | 20/06/2002 |
| 43 | Azerbaijan - Norway BIT (1996) | Signed (not in force) | Norway | 25/09/1996 | |
| 44 | Azerbaijan - Kazakhstan BIT (1996) | In force | Kazakhstan | 16/09/1996 | 30/04/1998 |
| 45 | Azerbaijan - Uzbekistan BIT (1996) | In force | Uzbekistan | 27/05/1996 | 02/11/1996 |
| 46 | Azerbaijan - Georgia BIT (1996) | In force | Georgia | 08/03/1996 | 10/07/1996 |
| 47 | Azerbaijan - United Kingdom BIT (1996) | In force | United Kingdom | 04/01/1996 | 11/12/1996 |
| 48 | Azerbaijan - Germany BIT (1995) | In force | Germany | 22/12/1995 | 29/07/1998 |
| 49 | Azerbaijan - Pakistan BIT (1995) | Signed (not in force) | Pakistan | 09/10/1995 | |
| 50 | Azerbaijan - China BIT (1994) | In force | China | 08/03/1994 | 01/04/1995 |
| 51 | Azerbaijan - Turkey BIT (1994) | Terminated | Türkiye | 09/02/1994 | 08/09/1997 |
Treaties with Investment Provisions
| No. | Short title | Status | Parties | Date of signature | Date of entry into force |
|---|---|---|---|---|---|
| 1 | Azerbaijan - United Arab Emirates CEPA (2025) | In force | United Arab Emirates | 09/07/2025 | 15/04/2026 |
| 3 | ECO Investment Agreement (2005) | Signed (not in force) | 07/07/2005 | ||
| 4 | Azerbaijan - EC Cooperation Agreement (1996) | In force | EU (European Union) | 22/04/1996 | 01/07/1999 |
| 5 | The Energy Charter Treaty (1994) | In force | 17/12/1994 | 16/04/1998 |
Investment Related Instruments
| No. | Short title | Date of adoption | Level | Type |
|---|---|---|---|---|
| 1 | Azerbaijan Model BIT 2016 | 2016 | National | Model agreements |
| 2 | Islamic Corporation for the Insurance of Investment Credit | 1992 | Regional/Plurilateral | Intergovernmental agreements |
| 3 | MIGA Convention | 1985 | Multilateral | Intergovernmental agreements |
| 4 | New York Convention | 1958 | Multilateral | Intergovernmental agreements |
| 5 | ICSID Convention | 1965 | Multilateral | Intergovernmental agreements |
| 6 | Draft Supplementary Treaty to the Energy Charter Treaty | 1998 | Regional/Plurilateral | Draft instruments |
| 7 | UN Code of Conduct on Transnational Corporations | 1983 | Multilateral | Draft instruments |
| 8 | World Bank Investment Guidelines | 1992 | Multilateral | Guidelines, principles, resolutions and similar |
| 9 | ILO Tripartite Declaration on Multinational Enterprises | 2000 | Multilateral | Guidelines, principles, resolutions and similar |
| 10 | ILO Tripartite Declaration on Multinational Enterprises | 2006 | Multilateral | Guidelines, principles, resolutions and similar |
| 11 | ILO Tripartite Declaration on Multinational Enterprises | 1977 | Multilateral | Guidelines, principles, resolutions and similar |
| 12 | UN Guiding Principles on Business and Human Rights | 2011 | Multilateral | Guidelines, principles, resolutions and similar |
| 13 | Permanent Sovereignty UN Resolution | 1962 | Multilateral | Guidelines, principles, resolutions and similar |
| 14 | New International Economic Order UN Resolution | 1974 | Multilateral | Guidelines, principles, resolutions and similar |
| 15 | Charter of Economic Rights and Duties of States | 1974 | Multilateral | Guidelines, principles, resolutions and similar |