Italian ambassadors to Azerbaijan have stated that the travel visa requirements might be softened between the two countries in the near future.

Italy is notable for being the first chairman of OSCE Minsk Group's acting for the peaceful settlement of the Nagorno-Karabakh conflict.

Italy mainly exports pipes for the oil sector, tobacco, leather, and furniture to Azerbaijan.

The visits of the ministers of Economic Developments of both countries in 2007 resulted in signed agreements on the cooperation between Azerbaijan and Italy in the sector of natural gas.

The owner of a 5% share in the Contract of the Century, an Italian company Eni-Agip, is involved in the construction of the Baku-Tbilisi-Ceyhan oil pipeline.

In June 2013, it was decided that the Trans-Adriatic Pipeline (TAP) will go from Azerbaijan through Turkey and Greece to southern Italy.

Since that time, the cultural ties between Italy and Azerbaijan have become more intense but relations between the two countries have a long history which can be seen from travelers visiting Azerbaijan in the Middle Ages (including Marco Polo) and Nasreddin Tusi's book "Interpretation of Euclid's "Elements" being translated into Latin and published in 1594 in Rome.

[16] Some legendary singers of Azerbaijan such as Bulbul and Muslim Magomayev mastered the bases of opera art in Italy.