Fitch Ratings has affirmed the outlook on Georgia’s long-term foreign-currency Issuer Default Rating (IDR) at ‘BB’ with a Stable outlook.

Last year, SOCAR said it planned to transport 1.209 million tonnes of oil via Russia in 2022.

Putin has played a major role in facilitating a peace accord between Azerbaijan and Armenia, hosting a meeting last November between Aliyev and Armenian Prime Minister Nikol Pashinyan.