First launched in 1995 as the British Business Group (BBG), it was succeeded by the British Chamber of Commerce in Azerbaijan (BCCA) in 2022.
BCCA is a bilateral chamber that focuses on advocating the voices of Azerbaijani and UK business communities in public affairs, promoting, and marketing our members' businesses, as well as harbouring a better business environment for all our contacts.
By joining the BCCA, you will benefit from networking opportunities, business seminars, marketing and promotional campaigns, and much more.
The BCCA is endorsed by the Department for International Trade UK (DIT), the Azerbaijani Embassy in London, and the British Embassy in Baku.
Read Company's Articles of Association
"The Contract of the Century", signed by the Azerbaijani government in 1994 with British Petroleum on the development of the Azeri, Chirag, and Gunashli oil fields in the deep waters of the Caspian Sea, has catalyzed solidifying the foundations for a stable, credible and well-grounded bilateral trade and investment engagement between the two countries.
The upgraded "Contract of the New British Century" has been signed and extended up to 2049 for further development of the fields operated by BP.
Today, the UK remains the largest investor in Azerbaijan contributing 51% of total investment in the country, and enjoys a healthy trade in goods, services, technology, engineering equipment, and oil machinery. Since 2015 the UK and Azerbaijan have established an annually held Joint Intergovernmental Committee (JIC) to support and foster the bilateral economic and trade forum.
Another important step in boosting UK-Azerbaijan trade relations came with the appointment of Baroness Nicholson of Winterbourne as the UK Prime Minister's Trade Envoy to Azerbaijan in 2016.
In light of a new chapter in UK-Azerbaijan relations, the British Chamber of Commerce Azerbaijan (BCCA) was founded in November 2021, inheriting the rich history of 20+ years of the British Business Group Community.
Working closely with the British Embassy, British Council, Department for Business and Trade (DBT), the Azerbaijani Embassy in the UK, and the Ministry of Economy of Azerbaijan, the Chamber will serve as a bridge to facilitate, assist, and encourage bilateral trade and investment, and to promote interests of the Chamber's Members.
With the growing importance of Azerbaijan as a regional hub located at the intersection of East-West and North-South transport corridors in Eurasia, the country's leadership envisages a new future: less dependent on conventional hydrocarbon revenues and instead a more sustainable and diversified economy. Renewable energy, technology, healthcare, education, finance, agriculture, tourism, transportation, and logistics are all forming a new agenda and commitment to a prosperous future.