On 22 April 2026, Līca Sičeva, Partner and Director of International Cooperation at "PowerHouse Latvia", signed a cooperation agreement with the Caspian Energy Club in Azerbaijan. The agreement was signed in the framework of the Azerbaijan–Latvia Business Forum, held with the participation of the President of the Republic of Azerbaijan, Ilham Aliyev, and the President of the Republic of Latvia, Edgars Rinkēvičs.

The signed document further strengthens trade and economic relations between the private sectors of Azerbaijan and Latvia. Its main purpose is to promote direct cooperation between the business communities of both countries, organise B2B meetings, and support mutual trade missions and research activities.

Azerbaijan is an important regional leader and can serve as a strategic entry point to Central Asia and the South Caucasus. Long-term business relations and cooperation are essential for strengthening business potential and delivering tangible results. "PowerHouse Latvia" combines a strong network in Azerbaijan with analytical methodologies that support companies and organisations in achieving their international goals.