Azerbaijan and Belarus may help each other to survive
Due to mutual interests, in the near future, Belarus and Azerbaijan may confirm being in the de facto union, including in the military and political area.
Lukashenka's visit to Baku on November 28th-29th, 2016, confirmed the strategic partnership between Belarus and Azerbaijan based on the personal relationship between the leaders of the two states.
Baku is aiming to respond adequately to the deployment of the Iskander, Russian tactical missile complex, in Armenia. As an option, the Azerbaijani army may adopt heavy MLRS, such as the Belarusian Polonaise.
Minsk’s interest is to sign a long-term agreement on Azeri oil supply to Belarus. Amid the fight between oil producers for preserving their market share, penetration on the Belarusian (and later European) market could be of considerable interest to Azerbaijan. In addition, Minsk will gain an additional argument in negotiations with the EU, only this time not as a peacekeeper, but as an oil hub.
Azerbaijan is Turkey’s closest military and political ally and has a lobbying potential in Ankara. The Belarusian authorities regard Turkish foreign policy ambitions as a potential mechanism for balancing Russia in Eastern Europe and South Caucasus. In addition, Belarus is interested in a comprehensive cooperation with Ankara and Baku’s assistance may prove to be very handy.
In the near future, Belarus-Azeri cooperation may gain momentum. The ruling regimes in both countries are concerned about external security threats and because of distrust of the West, are interested to engage new external players in the regional context. However, the question remains, what would be Russia's response to such a game by Minsk and Baku? As regards Azerbaijan, the Kremlin has a free hand: Azerbaijan is not a member in the Russia-led integration associations, it is de facto in a state of war with Russia’s ally, Armenia, it is a rival on the oil market, and has no clear external security guarantees. Overall, potential cooperation between Minsk and Baku could only materialise if Russia turns the blind eye to it.
According to Decree No. 221 of June 23rd, 2017, deadlines for the completion of foreign trade operations have been extended from 90 to 180 days for exports and from 60 to 90 days for imports. Delayed payments entailed a fine up to 2% of the transaction cost for each day of the delay, but could not exceed the total cost of the transaction. Most companies, when working with new counterparties, require a deferred payment for a period of three to six months. Due to the new regulation, violations are likely to reduce in number, so as the fines. Trade enterprises are likely to expand the assortment list due to the supply of new products in small lots, and the assortment list of exported Belarusian goods could expand, too. The new terms for completing foreign trade transactions would enable medium and small companies on the foreign trade market, exporters and importers are likely to grow in number and the geography of export-import operations could expand.