Archive of Journal - Financing

Financing – scientific magazine for economy

ISSUE 2023, No. 3, Article 3, Year of publication: 14, September, 2023
Situational analysis of Azerbaijan for the Chinese Belt and Road Initiative

AUTHOR

Sadig Gachayev, PhD*
*School of Humanities and Law (School of Public Administration), Yanshan University, Qinhuangdao, Hebei, P. R. China; Lecturer, Business School, Azerbaijan State
University of Economics (UNEC), Baku, Azerbaijan

ABSTRACT

ARTICLE INFO

The Belt and Road Initiative (BRI) is a grand strategy proposed by China to boost economic connectivity, trade, and investment across Eurasia and beyond. Azerbaijan is significant for the BRI due to its strategic location, rich energy resources, and growing economy. This research article provides a SWOT analysis of Azerbaijan for the BRI, highlighting its strengths, weaknesses, opportunities, and threats. The analysis suggests that Azerbaijan’s strategic location, energy resources, and business-friendly environment make it an attractive destination for Chinese investments, while its dependence on energy exports, lack of diversification, and geopolitical risks pose challenges. To leverage its strengths and overcome weaknesses, Azerbaijan needs develop a comprehensive strategy that aligns with the BRI goals and addresses its internal and external challenges.

Keywords: The Belt and Road Initiative, China, Azerbaijan, SWOT Analysis, Logistics

DOI: 10.7251/FIN2303031G

Corresponding author:
adiggachayev@gmail.com