ANALYSIS OF THE CURRENT SITUATION AND DEVELOPMENT DYNAMICS OF TRADE RELATIONS BETWEEN AZERBAIJAN AND THE BALTIC COUNTRIES // BSU bulletin. Economy and Management. - 2022. №3. . - С. 67-78.

ANALYSIS OF THE CURRENT SITUATION AND DEVELOPMENT DYNAMICS OF TRADE RELATIONS BETWEEN AZERBAIJAN AND THE BALTIC COUNTRIES

DOI: 10.18101/2304-4446-2022-3-67-78 UDK: 339.56

The study is aimed at determining the impact of the Baltic countries on the global economic integration of Azerbaijan and the main directions of expanding Azerbaijan's bilateral trade opportunities between these countries. Despite the fact that the Baltic countries have almost the same strategic, economic geographical location as Azerbaijan, the main focus is to study the achievement of high development in 30 years and to find out how to build this strategy. The main purpose of the research is to identify and develop the economic policy of these countries in the transition to a market economy, as well as the development of Azerbaijan's foreign economic relations with these countries. At the same time, other objectives are pursued on the basis of theoretical considerations of European and Azerbaijani science related to economics. All this increases the relevance of the study, which presents the need to study the development of economic relations with the Baltic countries in the process of European integration, identify the problems of economic cooperation in the analysis and assessment of the current situation, as well as the potential and mechanisms for trade and economic relations.

foreign economic relations, import and export, social infrastructure, international economic relations, foreign investment, independent state, developed countries.