Cooperation is carried out in such areas as economy,[1] education, culture, healthcare,[2] investment, energy,[3] tourism, telecommunications, infrastructure,[4] pharmaceuticals,[5] etc.

[6] Friendship groups operate in the legislative bodies of both countries[7] In 2012, the "Convention on the abolition of double taxation of profits and property and the suppression of tax evasion between the government of Azerbaijan and the Council of Ministers of Bosnia and Herzegovina" was signed[8] A joint Azerbaijani-Bosnian business forum was held in Banja Luka in February 2013.

[10] In 2017, the Foreign Trade chamber of Bosnia and Herzegovina and the Azerbaijan Export and Investment Promotion Fund (AZPROMO) signed a Memorandum of understanding.

In April 2019, the implementation of the Interconnector project on creating a pipeline infrastructure for the transportation of Azerbaijani gas (Shah Deniz-2) to Europe began in Bosnia and Herzegovina[11] In December 2014, the Council of Ministers of Bosnia and Herzegovina abolished the visa regime for Azerbaijani citizens[12] Earlier, in 2012, the Government of Azerbaijan and the Council of Ministers of Bosnia and Herzegovina signed an agreement on the abolition of visas for persons holding diplomatic and service passports[8] In September 2018, the opening ceremony of the emergency medical care center was held in the Bosnian city of Kotor Varoš with the financial support of the Heydar Aliyev Foundation.

[16] In December 2018, an Azerbaijani delegation led by the Union of Municipalities of the Turkic World (TDBB) paid an official visit to Bosnia and Herzegovina.